In 2025, consumer credit in the Philippines saw robust growth, fueled by lower interest rates, easing inflation, and strong consumer demand, with credit cards and personal loans driving the expansion, while auto loans and durable goods financing remained steady. Despite these gains, many Filipinos still prefer informal lending due to persistent stigma around formal debt, prompting the Bangko Sentral ng Pilipinas (BSP) to intensify financial education initiatives to promote formal credit use. Cre
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Philippines 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 Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Credit in Philippines report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Credit in Philippines?
- What are the major trends key to understanding Consumer Credit in Philippines?
- How has COVID-19, recession and macroeconomic volatility impacted the market?
- How long will the market take to recover? What are the opportunities now?
- How will political context and shifting cultural values shape future growth?
- Where is future growth expected to be most dynamic?
Consumer Credit in the Philippines - Category analysis
KEY DATA FINDINGS
Growth across metrics for consumer leading in 2025
Consumer credit sees growth thanks to improved economic climate
Credit cards leads growth
Digital banks drive lending growth
UnionBank undergoes digital transformation to boost performance
Consumer credit set for continued growth in the coming years
Credit reporting will strengthen responsible lending and expand access
Lower interest rates and a young workforce will drive loan demand
Consumer Lending in the Philippines - Industry Overview
Growth for consumer lending in 2025
KEY DATA FINDINGS
KEY INDUSTRY TRENDS
More favourable economic climate boosts category performance in 2025
Rising demand for affordable home financing
BNPL gains popularity among Gen Z
Growth predicted across metrics over the forecast period
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Consumer Credit
- Auto Lending
- Card Lending
- Durables Lending
- Education Lending
- Home Lending
- Other Personal Lending
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 definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Consumer Credit research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!