In the forecast period, consumer credit gross lending and the outstanding balance are set to continue to rise. Meanwhile, the non-performing loan value saw continuous growth throughout the review period, and this is likely to continue moving forward.
As financial inclusion rises in Morocco, consumer credit will continue to be transformed by digital innovation to improve access to underserved populations. During the review period, more banks invested in improving their digital capabilities, and this is expected to continue moving forward.
Moroccan women are increasingly receiving training and coaching from microfinance institutions in order to expand their business. A key player in this space is Attadamoune Micro-Finance – a lending firm which provides advice and small loans to hundreds of businesses across Morocco.
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Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Morocco with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Consumer Credit industry in Morocco, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Consumer Credit
Non-mortgage consumer debt extended to individuals for personal or household use including installment loans and credit cards. Examples of consumer credit include auto lending, card lending, durables lending, education lending, home lending and other personal loans. Consumer credit includes both revolving and non-revolving credit.
See all of our definitionsThis report originates from Passport, our Consumer Credit research and analysis database.
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