Consumer Lending in the United Arab Emirates

Abstract
Consumer lending continues to grow in the United Arab Emirates but at a weaker pace than initially anticipated. The first quarter of 2022 began well, with the closing ceremony of Expo 2020 in March 2022 stimulating travel and a general increase in consumer confidence, leading to vastly improved consumer expenditure. This environment promoted borrowing but by the second quarter of 2022, economic jitters returned as inflation peaked and consumer prices skyrocketed, discouraging investment in large...

Euromonitor International's Consumer Lending in United Arab Emirates report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Consumer Credit, Mortgages/Housing.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Consumer Lending market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Content
Consumer Lending in the United Arab Emirates
October 2022

List Of Contents And Tables

CONSUMER LENDING IN THE UNITED ARAB EMIRATES
EXECUTIVE SUMMARY
Consumer lending in 2022: The big picture
2022 key trends
Mortgage rates rise in the United Arab Emirates in 2022
The rise of Buy Now, Pay Later
What next for consumer lending?
MARKET DATA
Table 1 Consumer Lending: Outstanding Balance by Category: Value 2017-2022
Table 2 Consumer Lending: Outstanding Balance by Category: % Value Growth 2017-2022
Table 3 Consumer Lending: Gross Lending by Category: Value 2017-2022
Table 4 Consumer Lending: Gross Lending by Category: % Value Growth 2017-2022
Table 5 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 6 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 7 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 8 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 9 Forecast Consumer Lending: Outstanding Balance by Category: Value 2022-2027
Table 10 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2022-2027
Table 11 Forecast Consumer Lending: Gross Lending by Category: Value 2022-2027
Table 12 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
CONSUMER CREDIT IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2022 DEVELOPMENTS
Competition within BNPL intensifies
Banks push salary advance solutions
Auto lending impacted by transport inflation
PROSPECTS AND OPPORTUNITIES
Central Bank raises benchmark borrowing rates
Major consequences for unpaid debt
Macroeconomic conditions less likely to impact United Arab Emirates
CATEGORY DATA
Table 13 Consumer Credit: Outstanding Balance by Category: Value 2017-2022
Table 14 Consumer Credit: Outstanding Balance by Category: % Value Growth 2017-2022
Table 15 Consumer Credit: Gross Lending by Category: Value 2017-2022
Table 16 Consumer Credit: Gross Lending by Category: % Value Growth 2017-2022
Table 17 Forecast Consumer Credit: Outstanding Balance by Category: Value 2022-2027
Table 18 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2022-2027
Table 19 Forecast Consumer Credit: Gross Lending by Category: Value 2022-2027
Table 20 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2022-2027