Consumer Credit in Saudi Arabia

Consumer Credit in Saudi Arabia


Other personal lending continues to be an area of interest in Saudi Arabia, as this category primarily constitutes personal loans taken for medical purposes and travelling. This has been particularly prominent since the end of pandemic restrictions heralded the revival of travel and tourism. Indeed, many Saudi consumers are travel enthusiasts with yearly travel aspirations, both internationally and exploring developed domestic destinations – many destinations of which are rather costly, thus sup...

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.


Consumer Credit in Saudi Arabia
Euromonitor International
November 2023
List Of Contents And Tables
CONSUMER CREDIT IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Travel-loving Saudi citizens, Vision 2030, and robust banking systems help to support consumer credit
SAMA forges ahead with BNPL, open banking, and Sharia-compliant loans
A strong Saudi desire for high-quality education supports education lending
PROSPECTS AND OPPORTUNITIES
Home lending and durables lending supported by ongoing home ownership initiatives
Opportunities lie ahead for auto lending
Digitisation in line with Vision 2030 goals will consistently support card lending
CATEGORY DATA
Table 1 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
Table 3 Consumer Credit: Gross Lending by Category: Value 2018-2023
Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028
CONSUMER LENDING IN SAUDI ARABIA
EXECUTIVE SUMMARY
Consumer lending in 2023: The big picture
Hikes in the prices of everyday commodities boost demand for retail lending
Real estate industry boosted by government initiatives
SAMA grants new BNPL permits in its aims to boost the fintech sector
What next for consumer lending?
MARKET DATA
Table 9 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
Table 11 Consumer Lending: Gross Lending by Category: Value 2018-2023
Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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