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Consumer Credit in Malaysia

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    Report

  • 14 Pages
  • December 2024
  • Region: Malaysia
  • Euromonitor International
  • ID: 5684161
In 2024, Malaysia's government introduced the e-invoicing initiative, which is expected to have a significant impact on consumer credit, particularly in sectors like auto loans. Due to the phased in over the next year, the initiative requires businesses with annual revenues exceeding MYR100 million to comply by August 2024, while those with revenues between MYR25 million and MYR100 million must follow suit by January 2025.

The Consumer Credit in Malaysia 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
  • Government’s e-invoicing initiative impacts growth in auto lending
  • Consumers show greater familiarity with Buy Now Pay Later (BNPL) services
  • Rising credit card debt, driven by younger Malaysians
PROSPECTS AND OPPORTUNITIES
  • Changes in governmental policy will drive growth in consumer credit
  • Rising cost of living will boost demand for personal loans
  • BNPL will continue to gain traction
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 MALAYSIA
EXECUTIVE SUMMARY
  • Consumer lending in 2024: The big picture
  • 2024 key trends
  • Education lending remains strong, with high number of defaulters
  • Governmental initiatives enable easier home ownership
  • BNPL schemes gain traction
  • 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