In the upcoming years, Romania is expected to benefit from real wage growth, falling inflation, and a slower pace of unit price growth compared to the review period. Consumer confidence is predicted to rise as the financial situation of consumers improves, leading to steady growth in card lending but at a slower pace than during the peak years of inflation in 2022-3.
The consumer lending space is set to witness a growing influx of fintech providers, following the pioneering example set by Revolut. These fintech companies are expected to disrupt the traditional lending landscape, offering innovative solutions and enhanced accessibility to credit for consumers.
BNPL and online loans will start to displace credit card lending over the forecast period. Younger generations that need to access consumer credit will become accustomed to the ease of BNPL loans, while a credit card will likely be perceived as less convenient and more difficult within this consumer base.
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Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Romania 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 Romania, 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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