The Asia-Pacific Mortgage/Loan Brokers Market report segments the industry into By Enterprise (Large, Small, Mid-sized), By Applications (Home Loans, Commercial and Industrial Loans, Vehicle Loans, Loans to Governments, Others), By End-User (Businesses, Individuals), and By Country (Australia, Bangladesh, China, India, Indonesia, Japan, Pakistan, Philippines, Thailand, Vietnam).

The Asia-Pacific motorcycle loan market is projected to reach a market size of XX million by 2033, exhibiting a CAGR of 10.0% during the forecast period (2025-2033). The market growth is primarily driven by rising disposable income, increasing urbanization, and growing demand for convenient and affordable transportation. Additionally, government initiatives promoting financial inclusion and the expansion of the two-wheeler industry are fueling market growth. Key market segments include provider type, where banks hold a dominant share due to their extensive reach and established customer base. NBFCs and OEMs are also gaining traction, offering competitive interest rates and tailored financing solutions. Geographically, China, India, and Indonesia are major markets, contributing significantly to the regional market size. The increasing popularity of e-commerce and the emergence of fintech companies are among the key trends shaping the market landscape. However, economic fluctuations, regulatory changes, and competition from public transportation pose potential challenges to market growth. Recent developments include: May 2023: Private equity firm Carlyle and Indian billionaire Azim Premji's investment unit are in separate talks to invest about USD 150 million in TVS Credit Services. It is an arm of a scooter and motorcycle maker, TVS Motors., March 2023: Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that its subsidiary Energica Motor Company, maker of the world's best high-performance electric motorcycle, delivered its first shipments to Japan and Australia.. Key drivers for this market are: Increasing Motorcycle Ownership, Customized Loan Options. Potential restraints include: Increasing Motorcycle Ownership, Customized Loan Options. Notable trends are: Impact of Increasing Motor Vehicle Unit Sales.

As of December 2024, the value of outstanding auto loans in the Philippines amounted to approximately *** billion Philippine pesos, indicating an increase from the same month of the previous year. The value of outstanding car loans in the country has fluctuated since 2015.

Philippines BPM: Employment: Finance & Accounting data was reported at 6,809.000 Person in 2015. This records an increase from the previous number of 6,699.000 Person for 2014. Philippines BPM: Employment: Finance & Accounting data is updated yearly, averaging 6,809.000 Person from Dec 2013 (Median) to 2015, with 3 observations. The data reached an all-time high of 6,948.000 Person in 2013 and a record low of 6,699.000 Person in 2014. Philippines BPM: Employment: Finance & Accounting data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.S009: Annual Survey of Philippine Business and Industry (ASPBI): Business Process Management (BPM): Employment.

Consumer Credit in Philippines increased to 1035.50 PHP Billion in the second quarter of 2025 from 960.55 PHP Billion in the first quarter of 2025. This dataset provides - Philippines Consumer Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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Finance Accounting Business Process Outsourcing Market Size 2024-2028

The finance accounting business process outsourcing market size is forecast to increase by USD 27.30 billion at a CAGR of 7.85% between 2023 and 2028. The market is experiencing significant expansion, driven by several key factors. Firstly, companies are increasingly prioritizing cost reduction through outsourcing their finance and accounting functions. Secondly, the number of finance accounting BPO service providers is surging, offering businesses a wide range of options to choose from. Lastly, the need for accounting agility is on the rise, with businesses requiring real-time financial data and analysis to make informed decisions. The integration of artificial intelligence and machine learning technologies is further enhancing accounting processes, enabling businesses to automate data analysis, predict trends, and gain deeper insights for more accurate and timely decision-making. This trend is expected to continue, as more organizations seek to streamline their operations and improve their financial performance.

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The market is evolving rapidly, particularly in India and the Philippines, where businesses leverage cost-saving solutions. Companies are implementing Business Continuity Plans (BCP) to ensure resilience while integrating process automation technologies and cloud computing. Knowledge Process Outsourcing (KPO) is becoming essential for specialist processes like accounts payable, accounts receivable, general ledger, and treasury and cash management. The modernization effort includes adopting hybrid cloud solutions and AI insights to create intelligent workflows and enhance business analytics. Social media marketing services are also being integrated to drive customer engagement. By focusing on end-to-end experiences and intelligent processes, organizations can optimize yield management and improve overall efficiency in financial operations.

Further, the market is thriving, particularly in India and the Philippines, where financial organization seek cost saving solutions. Leveraging AI insight enables enterprises' leadership to make smart decision-making based on continuous, real-time insights. Understanding the CFO's imperatives is crucial for BPO industry providers, as they tailor their services to meet the unique needs of finance and accounting organization. The F&A domain encompasses critical functions such as shareholder accounting, collections, and financial administration. Additionally, risk analytics plays a vital role in enhancing decision-making and mitigating potential pitfalls. As companies increasingly turn to BPO contract for efficiency, the focus on data analysis will drive further innovation and improvements in the financial services landscape.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Large enterprises
  SMEs


Application

  BFSI
  IT and telecommunications
  Manufacturing
  Healthcare
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  South America



  Middle East and Africa

By End-user Insights

The large enterprises segment is estimated to witness significant growth during the forecast period. The large enterprise segment is the most important end-user of business accounting software in the global market. In addition, large enterprises have many operations, a large number of resources, and a complex set of financial management requirements. Therefore, they need finance accounting business process outsourcing that is able to manage large transactions, provide comprehensive financial reports, and offer sophisticated financial analysis and forecasting capabilities.

Moreover, one of the main reasons why large enterprises automate financial processes and minimize manual mistakes. In addition, these large enterprises handle hundreds of transactions every day, such as sales, procurement, and payroll. Furthermore, finance accounting business process outsourcing helps assist these large enterprises in accounting and payroll, among other services in finance. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

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The large enterprises segment accounted for USD 29.88 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast pe

Gain insights into the Philippines Used Car Finance Market valued at PHP 270 billion, featuring Market Size Projection, Growth Analysis, and Industry Trends.

The Indonesia, Philippines, Malaysia, and Cambodia Debt Collection Software Market approximate to surpass USD 554220.39 million, with a forecasted CAGR of 9.6% By 2034

Expansion of Regulatory Oversight & Open Finance:The implementation of BSP’s Open Finance Framework will allow more secure data-sharing across financial institutions, giving consumers better choice and control, while spurring product innovation through collaboration between banks, fintechs, and third-party providers. Adoption of AI-Driven Risk and Credit Scoring:The use of AI and alternative data will gain ground in digital credit underwriting, enabling banks and fintechs to extend lending to unbanked and underbanked populations. This will enhance financial inclusion while managing default risks in a scalable way. Acceleration of Interoperability and Cross-Border Payments:The BSP’s participation in global fast-payment linkages (e.g., Project Nexus) will enhance cross-border connectivity, allowing overseas Filipino remittances and regional trade payments to settle faster, more cheaply, and with greater transparency.

Bank Lending Rate in Philippines increased to 7.80 percent in October from 7.66 percent in September of 2023. This dataset provides - Philippines Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of December 2024, Maya Bank had the highest asset value among digital banks in the Philippines. Maya Bank registered a total asset value of about ***** billion as of this period. GoTyme follows, with assets amounting to roughly ** billion Philippine pesos. Maya Bank  Maya Bank is a digital bank owned by Voyager Innovations, which also owns Maya wallet, and is among the leading e-wallet applications in the Philippines. Although it has only been in business for the past three years, Maya Bank has significantly grown its deposit balance, and its loan portfolio to about three times higher than in 2022.   Digital banking in the Philippines  The Philippine central bank first introduced digital banking in 2021 and has approved licenses to operate for six banks: Maya Bank, GoTyme Bank, Overseas Filipino Bank, Tonik Bank, Union Digital Bank, and Uno Digital Bank. In 2024, the total value of deposits at digital banks has shown a *** percent increase from 2022. The central bank announced that it will resume accepting applications for digital banking licenses in 2025 to further expand the industry.

The benchmark interest rate in Philippines was last recorded at 4.75 percent. This dataset provides the latest reported value for - Philippines Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GoTyme Bank:Backed by the Gokongwei Group and Tyme Group, GoTyme expanded its customer acquisition through retail kiosks across malls and supermarkets. In 2024, it prioritized democratizing investments and savings by offering low-barrier entry products, while integrating seamlessly with Gokongwei’s retail network. UnionDigital Bank:A subsidiary of UnionBank, UnionDigital leveraged its parent’s ecosystem to capture SMEs and embedded finance opportunities. In 2024, it focused on ecosystem lending and building API-based partnerships with e-commerce and logistics firms, solidifying its role in B2B and embedded finance. Tonik Digital Bank:Tonik has scaled aggressively in deposits, surpassing PHP 10 billion within months of launch, largely via time-deposit products with higher yields. In 2023, it emphasized secured lending (auto, home equity, and cash loans), leveraging alternative credit scoring and partnerships with retailers.

Key information about Philippines Non-Performing Loans

• Philippines Non-Performing Loans was reported at 8.626 USD bn in Dec 2024
• This records a decrease from the previous number of 9.258 USD bn for Sep 2024
• Philippines Non-Performing Loans data is updated quarterly, averaging 3.158 USD bn from Mar 2008 to Dec 2024, with 68 observations
• The data reached an all-time high of 9.950 USD bn in Jun 2021 and a record low of 2.415 USD bn in Dec 2011
• Philippines Non-Performing Loans data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Non Performing Loans: USD: Quarterly

CEIC converts quarterly Non Performing Loans into USD. Bangko Sentral ng Pilipinas provides Non Performing Loans in local currency. Bangko Sentral ng Pilipinas period end market exchange rate is used for currency conversions. Non Performing loans are defined as past due loan accounts whose principal and/or interest is unpaid for 30 days or more after due date (applicable to loans payable in lump sum and loans payable in quarterly, semi-annual or annual instalments), including the outstanding balance of loans payable in monthly instalments when 3 or more instalments are in arrears, the outstanding balance of loans payable daily, weekly or semi-monthly instalments when the total amount of arrearages reaches 10% of the total loan receivable balance, restructured loans which do not meet the requirements to be treated as performing loans under existing rules and regulations, and all items in litigation.

Philippines Automotive Finance Market is projected to grow around USD 423.9 Billion by 2031, at a CAGR of 7.2% during the forecast period.

Philippines Car Finance Market Report Update

Key information about Philippines Domestic Credit

• Philippines Domestic Credit reached 369.1 USD bn in Sep 2025, compared with a reported figure of 369.5 USD bn in the previous month
• Philippines Domestic Credit data is updated monthly
• It is available from Dec 2001 to Sep 2025 and averaged 130.6 USD bn
• The data reached an all-time high of 375.0 USD bn in May 2025 and a record low of 45.2 USD bn in Jul 2002

CEIC converts monthly Domestic Credit into USD. Bangko Sentral ng Pilipinas provides Domestic Credit in local currency. Bangko Sentral ng Pilipinas period end market exchange rate is used for currency conversions.


Further information about Philippines Domestic Credit

• In the latest reports, Philippines Domestic Credit represented an increased of 10.3 % YoY in Sep 2025
• Money Supply M2 in Philippines increased to 318.8 USD bn YoY in Sep 2025
• Philippines Foreign Exchange Reserves was measured at 88.7 USD bn in Oct 2025
• The Foreign Exchange Reserves equaled 7.9 Months of Import in Oct 2025
• The country's Non Performing Loans Ratio stood at 3.3 % in Sep 2025, compared with the ratio of 3.5 % in the previous month
• Household Debt of Philippines reached 12.4 % in Jun 2025, accounting for 12.4 % of the country's Nominal GDP

Key information about Philippines External Debt: % of GDP

• Philippines External Debt accounted for 29.8 % of the country's Nominal GDP in 2024, compared with the ratio of 28.7 % in the previous year.
• Philippines External Debt: % of Nominal GDP data is updated yearly, available from Dec 1990 to Dec 2024.
• The data reached an all-time high of 73.9 % in Dec 2001 and a record low of 22.2 % in Dec 2019.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. Bangko Sentral ng Pilipinas provides External Debt in USD. Philippine Statistics Authority provides Nominal GDP in local currency. Bangko Sentral ng Pilipinas average market exchange rate is used for currency conversions. External Debt prior to 2005 is calculated as the sum of discontinued Total External Debt, Intercompany Accounts: Phil Branches of Foreign Banks, Loans without BSP Approval and Private Sector Obligations under Capital Lease Arrangements. These three items have been included in the Total External Debt under the new reporting framework.


Related information about Philippines External Debt: % of GDP

• In the latest reports of Philippines, Current Account recorded a deficit of 1.7 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 493.7 USD mn in Aug 2025.
• Philippines Direct Investment Abroad expanded by 305.3 USD mn in Jun 2025.
• Its Foreign Portfolio Investment increased by 942.8 USD mn in Jun 2025.
• The country's External Debt reached 148,873.0 in Jun 2025.
• The country's Nominal GDP was reported at 114.9 USD bn in Sep 2025.

In 2024, credit card payments amounted to around ** percent of e-commerce and ** percent of point-of-sale (POS) payment value in Japan. In comparison, credit card payments took up approximately **** percent of e-commerce and about ** percent of POS transaction value in China in 2024.

In 2024, there were *** operating fintech firms in the Philippines, a significant increase from its figures in 2020. The fintech landscape in the country continues to grow, with the government sector pushing for the adaption of digital payment mechanisms in its various operations. Which sector has the highest number of fintech firms? The payments sector accounted for the highest share of fintech companies in 2024, accounting for over ** percent of the total share of fintech firms. Digital payment services provide ease in paying for goods bought either online or in-store, alongside bill payments for basic household needs such as electricity and water consumption. The future of fintech in the Philippines The fintech industry was pegged for continued growth in the following years as more Filipinos adopted digital financial services in their daily lives. With the COVID-19 pandemic as a tipping point, many Filipinos now use digital payments and e-wallets to pay for their online purchases. QR-based payments also became part of the daily shopping experience of most Filipinos.