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 »