The credit disbursed in KSA Car Finance Market is expected to grow to ~SAR 70 Bn by 2026F, driven by entry of women drivers and increasing employment opportunities: Ken Research KSA Car Finance Market is in the growing stage, being driven by banks and NBC’s along with introduction of Fin-Tech companies and online personal loan aggregator platforms. Major entities in the market are Banks and Captives that are 70-80 years old offering variety of financing services. Growth rate of total cars financed is going to… Read More »
KSA Car Finance Market is in Growing Stage, Driven by Banks and NBFCs along with Introduction of Fin-tech Companies KSA Car Finance Market disbursed total credit worth more than SAR 3 Bn growing at a CAGR of 18.5% over the period 2017-2021. Request a Free Sample to learn more about the report: Click here Entry of women drivers in 2018-19 period led to a boost in Car financing in 2019. The credit disbursed market… Read More »
KSA Car Finance Market is expected to grow at 11.7% over 2021-2026: Ken Research Focus On Embracing Digitization, New Government Policies under Vision 2030 and Entry of Women in the market are major factors contributing towards development of Car Financing in KSA. Growth of Online Platforms: The last decade has witnessed the entry of various online auto classified platforms in the country such as Carnab and Motary. The internet… Read More »
KSA Auto Finance Market Is Expected To Grow with Credit Disbursed Expected to Reach SAR 25,338.2 Mn by 2026F: Ken Research Entry of women drivers in the market is expected to lead to an increase in the total cars sold, thereby positively affecting the credit disbursed in KSA Auto Finance market. The Vision 2030 project in KSA has massive plans for the economy targeting to improve employment figures that might aid the auto finance market in… Read More »
KSA Auto Finance Market Research Report, Industry Analysis and Outlook to 2026F: Ken Research How Is Auto Finance Market Positioned In KSA? KSA Auto Finance Market Overview KSA Auto-Finance Market Disbursed Total Credit worth SAR ~ Mn in 2021, with a CAGR of ~% over 2018-21 Due to Covid-19 and Semi-Conductor Chip Shortage. Market is in Growing Stage, Being Driven by Banks and NBFCs And Introduction of Fin-tech Companies… Read More »
90% of Credit Disbursed In KSA Auto Finance Market Is Contributed By New Car Segment Because Of the Trend To Change Car Every 5 Years: Ken Research KSA is already the largest market for new and used cars as well as car parts in the Gulf region and the Middle East, thereby having ample growth opportunities for Auto Finance industry in the country. KSA Automotive Market Overview: Saudi Arabia is the largest car market in the GCC which includes Bahrain, Kuwait, Oman,… Read More »
