Instant Connect

Your data is secure and never shared.

International Remittance Industry in Saudi Arabia: Outlook to 2025

Region:Saudi Arabia

Author(s):Lakshay Aggarwal

Product Code:KR1102

Download Sample Report
Published On

November 2021

Total pages

18

About the Report

Key Topics Covered in the Report

  • Overview of International Remittance Industry in Saudi Arabia (Statistics on Corridor wise Transaction volume and value)
  • Industry segmentation (By Type of Transfers, Corridor wise)
  • Cross Comparison of Major players on Operational and Financial Parameters (December 2020)
  • Company Profile of Major Players (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)
  • Growth Drivers and Challenges to Saudi Arabia International Remittance Industry
  • Industry trends and developments
  • Risk factors in the industry
  • Rules and Regulations by Government Bodies
  • Impact of COVID-19 and Future Outlook of Industry

Products

Saudi Arabia is one of the most economically prosperous country in Asia and hence is a prominent emigration destination to a many South Asian countries.

Table of Contents

1. Overview of International Remittance Industry of KSA

1.1. Market size of Industry basis Value of Transactions (2016-20)

1.2. Market size of the industry basis revenue from remittance players (2016-20)

1.3. Market segmentation basis Type of Flows (Inbound and Outbound)

1.4. Market segmentation of Outbound Remittance transaction value basis Corridor (India, Nepal, 
Bangladesh, Pakistan, Sri Lanka, Philippines, Egypt and others)

2. Trends and Developments in International Remittance Industry of KSA

2.1. G20 National Remittance Plan

2.2. Digitalization, Growing Fintech Space

3. Rules and Regulations in International Remittance Industry of KSA

3.1. Licensing requirements

3.2. Capital requirements

3.3. Fees and Terms & Conditions for obtaining a License

4. Competitive Landscape of International Remittance Industry of KSA

4.1. Competition scenario between major Banks

4.2. Year of Establishment, Branches in KSA and Digital Solution offering of banks

4.3. Cross-Comparison among top players basis:

4.3.1. Volume of monthly Outbound Remittance Transactions (December 2020)

4.3.2. Market share basis volume of monthly Outbound Remittance Transactions (December 2020)

4.3.3. Annual Value of Outbound Remittance Transactions in Mn (December 2020)

4.3.4. Market share basis Annual Value of Outbound Remittance Transactions in Percentage 
(December 2020)

4.3.5. Market share basis revenue from outbound remittance transactions in Percentage, 2020

4.3.6. Corridor wise value of outbound transaction cost, 2020

4.3.7. Market share basis corridor wise value of outbound transaction in Percentage, 2020

5. Company Profiles of Top Players on parameters – Company Overview, Products and services 

offered, USP, Branch-wise Operational Performance, Financial Performance, Impact of COVID-19 on 
Business

5.1. Bank Al Rajhi

5.2. Bank Albilad

5.3. Quick Pay

5.4. STC Pay

5.5. Arab National Bank

5.6. Bank Al Jazira

5.7. Riyad Bank

5.8. Bank Saudi Central

6. Porter 5 Forces analysis

7. Risk Factors governing International remittance industry of KSA

8. Impact of COVID-19 and Future Outlook of Industry

8.1. Future market size basis value of international remittance transactions in SAR Mn, 2020-
25F

8.2. Future market size basis revenue from inbound and outbound international remittance 
transactions in SAR Mn, 2025F

9. Research Methodology

9.1. Definitions

9.2. Research Methodology

9.3. Research Limitations

Disclaimer

Contact us

Why Buy From Us?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022