How will digital disruption enable Egypt’s Auto Finance Market to achieve double-digit growth by 2027? Auto finance industry has seen substantial growth in credit disbursement backed by accelerated population growth, vehicle sales, and a surge in financial penetration. Presently, Egypt Auto Finance Market is growing at a CAGR of 18%, 20216-2022. The sector is driven by Purchasing power of individuals and the risk appetite of the financial service provider. Also,… Read More »
Egypt Auto Finance Market is expected to grow at a CAGR of ~11% between 2023F – 2027F owning to digital financing and introduction of smart contracts: Ken Research Egypt Automotive Finance Market is in the growing stage, being driven digital advancement, smart contracts, digital Financing and positive covid-19 impacts and government policies. There are several players in the Egypt auto finance market some of which are QNB Alahli Leasing, Global Corp, Banque Misr, ADIB, AI Bank, Al Baraka etc. Financial Penetration is anticipated… Read More »
Auto finance industry has seen substantial growth in credit disbursement backed by accelerated population growth, vehicle sales and surge in financial penetration: Ken Research Energy sector reforms impacting consumer demand: The Egyptian Government undertook major energy sector reforms to address the power outages and re-establish Egypt’s potential as an oil and gas producer by reducing pricing distortions and arrears. Government initiatives impacting consumer behavior: Macroeconomic indicators have reacted positively to the energy sector reforms, which can be seen through… Read More »
