Retail Loans (Local Currency) by Country

A retail loan is a loan provided by a bank to a physical person. The two basic types of retail loans are mortgage and consumer loans. A mortgage loan is a loan secured by real property through the use of a mortgage note. Common forms of consumer loans include credit cards, car finance, personal loans (instalment loans), consumer lines of credit, and retail loans (retail instalment loans). Most of the loans provided to the retail segment are in the form of mortgages (three-quarters of total retail loans in many countries) and economists argue how much of the economic growth has been driven by the increasing indebtedness of households (among others) over the last decade or two, as retail loans have already exceeded 100% of GDP in a number of developed economies.