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 »