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Consumer Credit in Colombia

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    Report

  • 15 Pages
  • January 2025
  • Region: Colombia
  • Euromonitor International
  • ID: 1668335
Consumer credit in Colombia recorded an improved performance in terms of current value growth in gross lending in 2024, while the outstanding balance also rose at a faster pace than in 2023.

The Consumer Credit in Colombia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Consumer Credit market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Demand for and supply of credit increase as inflation recedes
  • Card lending shows the fastest expansion
  • Consumer credit benefits indirectly from economic stimulus deal
PROSPECTS AND OPPORTUNITIES
  • Outlook for consumer credit remains bright
  • Digitalisation trend expected to become more pronounced
  • Neobanks and fintechs set to face tighter regulation
CATEGORY DATA
  • Table 1 Consumer Credit: Outstanding Balance by Category: Value 2019-2024
  • Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2019-2024
  • Table 3 Consumer Credit: Gross Lending by Category: Value 2019-2024
  • Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2019-2024
  • Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2024-2029
  • Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2024-2029
  • Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2024-2029
  • Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2024-2029
CONSUMER LENDING IN COLOMBIA
EXECUTIVE SUMMARY
  • Consumer lending in 2024: The big picture
  • Credit Pact agreement boosts performance of consumer lending
  • Mortgages/housing sees gross lending rebound as interest rates fall
  • Delinquency rates continue to rise but remain relatively low
  • What next for consumer lending?
MARKET DATA
  • Table 9 Consumer Lending: Outstanding Balance by Category: Value 2019-2024
  • Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2019-2024
  • Table 11 Consumer Lending: Gross Lending by Category: Value 2019-2024
  • Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2019-2024
  • Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
  • Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
  • Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
  • Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
  • Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2024-2029
  • Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2024-2029
  • Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2024-2029
  • Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources