Uncertain market conditions in Hong Kong caused a slowdown in the consumer lending market in 2012. However, card lending remained the largest proportion of consumer lending in terms of gross lending. Card lending saw a slowdown in growth as a result of worsening card spending. Within consumer credit, other personal lending saw the fastest growth, supported by the healthy growth of the credit line and tax loans. Auto lending and education lending remained relatively small within the overall… Euromonitor International’s Consumer Lending in Hong Kong, China report establishes the size and structure of the market for ATMs cards, smart cards, …
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