Banking Market Research Reports & Industry Analysis

We forecast Thailand's real GDP will grow by 1.3% in 2026, after an estimated 2% expansion this year that was bolstered by strong activity in H1. ...

Congo's oil production has trended upwards this year, reaching its highest output in two years in September at 277,000 bpd. Additionally, the near-term outlook remains positive due to substantial current and planned investment by private oil companies. However, we think that the government's ...

Macroeconomic Outlook Report: Bulgaria Summary Financial intermediation, real estate, and business activities contributed 21.4% to gross value added (GVA) in 2024, followed by mining, manufacturing, and utilities (20.6%), and wholesale, retail, and hotels (18.4%). In nominal terms, the three sectors ...

We marginally lowered our real GDP growth forecast for Lithuania by 0.1ppt to 2.7% y/y for 2025. Growth will remain somewhat subdued next year too, with activity expected to grow at 2.5%, down 0.4ppts compared to our previous forecast. Stronger consumer spending will drive most of the economic growt ...

In stark contrast to our earlier expectations, Gabon has doubled down on its public spending-focused economic growth model with highly ambitious expenditure plans for 2026. Following through with budgetary plans for next year, which incorporate a surge in capital spending, will effectively distance ...

We've kept our GDP growth forecasts for Hungary at 0.5% in 2025 and 2.2% in 2026. We estimate the economy grew in Q3, but only modestly. Our below-consensus near-term growth expectation stems primarily from protracted industrial and investment weakness. At the same time, consumption will remain ...

We raised our GDP growth forecasts for Croatia by 0.7ppts to 3.2% in 2025 and 0.6ppts to 2.5% in 2026. Private consumption and investment are growing strongly, so we revised our long-term forecast for GDP up as the productive capacity of the economy looks higher than assumed. Strong employment growt ...

We revised our forecast for France’s GDP growth up by 0.1ppt to 0.7% in 2025 and down by the same amount to 0.6% in 2026. The tweaks mostly reflect the scheduled delivery of large export orders in H2, followed by some payback early next year. Ongoing political instability is expected to have little ...

Rwanda's economy maintained robust momentum in Q2 2025, with real GDP growth accelerating to 7.8% y/y from 6.5% y/y in Q1. The broad-based expansion was driven by improved performances across all sectors, with agriculture recovering from weather-related challenges. ...

Algeria’s most recent Article IV Consultation report from the IMF, and our near-term economic outlook for the country, remain broadly optimistic. However, the draft Finance Bill for 2026 paints a bleaker picture, especially concerning fiscal finances. Algeria continues to prioritise military spendin ...

Companies in this industry make unsecured cash loans to consumers. Major companies include EZCORP, FirstCash, OneMain Financial, and Sallie Mae (all based in the US), along with Orient Corporation (Japan), and Tesco Bank and Vanquis Banking Group (both based in the UK). COMPETITIVE LANDSCAPE Demand ...

We forecast the Belgian economy will expand by 1.1% this year and 1.3% next. Tariffs will lower Belgium's direct exports to the US by making them more expensive and affect demand for Belgian-produced inputs for other countries' US-bound exports. Moreover, trade uncertainty will make business ...

Following an update to historical figures, our 2025 real GDP growth forecast increases to 3.1% from 2.7% in the previous forecasting round, whereas next year’s forecast is unchanged at 3.1%. This year's anticipated slowdown in economic growth compared with last year's expansion is due to low ...

Since last month, we've nudged our 2025 GDP growth forecast down marginally by 0.1ppt to 2.3%, to reflect a more frontloaded correction in domestic demand in July, with a lacklustre rebound in August. Our Q3 growth estimate stands at -0.4% q/q, but the monthly carry-over implies risks are tilted ...

We've kept our GDP growth forecasts for Portugal unchanged at 1.9% for 2025 and 2.3% for 2026. We expect growth to receive a boost in H2 from income tax cuts and additional payments to pensioners, reinforcing disposable incomes and consumption. Increased spending under the EU's Recovery and ...

We've kept our UAE GDP growth forecast at 4.9% for 2025, roughly in line with the IMF's revised expectation of 4.8%. We see the economy being driven by strong non-oil growth in key areas such as tourism, trade, and financial services, alongside a rebound in oil output as OPEC+ quotas ease fu ...

We've cut our 2025 GDP growth forecast for New Zealand by 0.7ppts to 0.7%. The slump in activity in Q2 offset the unsustainably strong growth at the start of this year. The massive monetary policy support which has been delivered over the last 12 months will lift household spending and investmen ...

We kept our growth forecast for Finland unchanged at 0.3% in 2025 and 1.1% in 2026. After years of negative external shocks and relative underperformance, firming private demand should be the main growth driver, whereas the ongoing fiscal consolidation will be the main drag. Key downside risks relat ...

Macroeconomic Outlook Report: Netherlands Summary Financial intermediation, real estate, and business activities contributed 29.9% to gross value added (GVA) in 2024, followed by wholesale, retail, and hotels (15.6%), and mining, manufacturing, and utilities (14.6%). In nominal terms, the three sect ...

The convergence of Embedded Finance (EF) and Banking-as-a-Service (BaaS) is redefining financial access, enabling non-bank entities to deliver payment, lending, and insurance services directly within customer experiences. The global EF market is expected to grow from USD 148 billion (2025) to USD 1. ...

PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Monetary Intermediation: ISIC 651 market at a national level. It provides the latest retail sales data, allowing you to ...

Our 2025 GDP growth forecast for Peru remains unchanged at 3%, supported by resilient domestic demand. However, downside risks have increased notably amid renewed social unrest, which triggered two nationwide strikes over the past month and culminated in the impeachment of President Dina Boluarte on ...

The economy is poised to sustain much of its upward trajectory, with economic growth projected to average 5.2% p.a. over 2025-2026. Continued strength in private consumption, steady growth in the primary sector, and a swift expansion in services underpin our outlook. Over the medium term, though, ma ...

Lesotho’s textiles sector has been more resilient than previously anticipated following the initial 50% US tariff threat. Although employment in the industry declined in Q2 2025, this drop was consistent with historical trends. As a result, we expect a relatively strong economic rebound in the secon ...

PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Monetary Intermediation: ISIC 651 market at a national level. It provides the latest retail sales data, allowing you to ...