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Consumer Credit in Saudi Arabia

Publisher Euromonitor International
Published Dec 12, 2024
Length 17 Pages
SKU # EP19425180

Description

Consumer Credit in Saudi Arabia


Consumer credit in Saudi Arabia is poised for substantial growth in 2024, with education loans seeing a particularly significant increase. While education loans currently represent a relatively small share of the overall lending market, they are projected to rise considerably due to several key factors. One major driver is the Kingdom's Vision 2030 initiative, which emphasises the importance of a highly educated and skilled workforce. The Vision aims to diversify Saudi Arabia's economy, and in d...

Euromonitor International's Consumer Credit in Saudi Arabia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Consumer Credit market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

17 Pages
Consumer Credit in Saudi Arabia
Euromonitor International
December 2024
List Of Contents And Tables
CONSUMER CREDIT IN SAUDI ARABIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Surge in education lending, but other personal lending remains key area of focus
Shift towards cashless society drives growth in credit card lending
Growing demand for Shariah-compliant products
PROSPECTS AND OPPORTUNITIES
Anticipated rise in educational, home improvement and car loans
Increase in card lending will be backed by improved digitalisation
Fintech growth will drive up consumer lending
CATEGORY DATA
Table 1 Consumer Credit: Outstanding Balance by Category: Value 2019-2024
Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2019-2024
Table 3 Consumer Credit: Gross Lending by Category: Value 2019-2024
Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2019-2024
Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2024-2029
Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2024-2029
Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2024-2029
Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2024-2029
CONSUMER LENDING IN SAUDI ARABIA
EXECUTIVE SUMMARY
Consumer lending in 2024: The big picture
2024 key trends
Cautious lending practices persist in Saudi Arabia's housing market
Fintech and AI start-ups expand their operations
Home ownership becomes increasingly popular goal
PropTech transforms real estate landscape
SAMA issues new regulations for BNPL companies
What next for consumer lending?
MARKET DATA
Table 9 Consumer Lending: Outstanding Balance by Category: Value 2019-2024
Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2019-2024
Table 11 Consumer Lending: Gross Lending by Category: Value 2019-2024
Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2019-2024
Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2019-2024
Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2024-2029
Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2024-2029
Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2024-2029
Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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