Tech Innovation introduced by JLL KSA is transforming the Real Estate Services Market in the Kingdom: Ken Research Technology is being embraced by JLL to meet the needs of their clients today and anticipate the opportunities of tomorrow. Their commitment to leading this transformation is a key component of their growth strategy and is reflected in their significant investments. JLLT is a global leader in Proptech – enhancing and refining their technology capabilities… Read More »
Use of technology for better recovery predictions and improvement in KSA legal system act as catalysts for the KSA Debt Collection Industry: Ken Research 1. Total debt collected in KSA is expected to grow at a CAGR of 15% between the period of FY’21 and FY’26. For more information, request a free sample The average ticket size for the industry is ~ SAR 8,000. Financing segment account for majority of debt collected, however, the non-finance segment has major share… Read More »
KSA Debt Collection Companies | KSA Debt Collection Market Trend – Ken Research Overview: NPLs (Non-Performing Loans) by Saudi banks as a percentage of total gross loans have witnessed a steady rise over the last five years thereby creating a market opportunity for debt collection companies catering to the financing segment. Debt collection companies strongly prefer to resolve debt collection matters without going to court. However, all collection… Read More »
Debt collection platforms integrated with latest technologies like configurable dashboards, automated report generated & artificial intelligence for regulatory compliance is transforming the debt recovery process in the Kingdom of Saudi Arabia: Ken Research Buy Now Key Findings Increase in use of customer self-service (CSS) platforms offers tangible benefits, such as, lenders and collectors can get a single view of each consumer and their payment status, including automated follow-up actions and recommendations to streamline the collection process. As accounts are processed, they automatically move to the next activity based… Read More »
Saudi Vision 2030 expected to lead the Real Estate Development in the Kingdom and Buyers to Increase Spending on Real Estate Services: Ken Research Development towards Vision 2030, Fourth industrial Revolution and Sustainable Smart City Developments to Support Real Estate Services Market The KSA Vision targets a significant increase in the number of Riyadh residents over the next ten years, from around 7.5 million today to between 15 and 20 million by 2030. The only way to accommodate this… Read More »
