Philippines Money Remittance Market & Outlook to 2027 COVID-19 Impact Assessment

·2 min read

The report published by Makreo Research & Consulting titled " Philippines Money Remittance Market & Outlook to 2027 COVID-19 Impact Assessment" gives a detailed analysis of remittance market performance in Philippines including past performance, present scenario and future outlook.

New York, May 12, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Philippines Money Remittance Market & Outlook to 2027 COVID-19 Impact Assessment" -
The report cover all major aspects including country assessment that has been discussed to understand economy of the country, political situation, technological developments and demographic distribution of the country; rules and regulations present in the sector; micro level assessment that cover major drivers, market restraints and opportunities present in the money remittance market in Philippines.

Market assessment has been carried out by segmenting the market in two categories including Services (domestic/international) and inward vs outward remittances. We have studied the market by further segmentation of international remittance market by remittance channel, land vs sea-based workers and by source of remittance.

Future assessment has been carried out with the help of Scenario Analysis wherein we have studied all three scenarios best scenario, moderate case scenario and worst case scenario.

Major Players Discussed in the Report:

BDO Unibank, Inc, Bank of the Philippine Islands, Metro Bank, Philippine National Bank, Western Union, I-Remit, Inc, MoneyGram International, Wells Fargo & Company, LBC Express Inc

Key Questions Answered

What is the current market condition of the country and performance of economy.

To evaluate economic, political, technological and demographic factors to establish relation with remittances sector.

To evaluate the present market scenario of Money Remittance Market which involves both Domestic and International Remittance in terms of revenue and assess future expected performance.

To assess the impact of covid-19 over Philippines money remittance market.

Remittance market has been studied over different parameters including inward and outward remittance, mode of transactions, overseas Filipino workers and others.

To gauge the performance of key industry players and their financial growth.

To comprehend the major industry drivers, challenges and macro economic factors.
Read the full report:

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