Consumer Credit in Saudi Arabia

Abstract
Other personal lending, which includes loans taken mainly for medical purposes and largely for travelling, forms a core basis of the total gross lending in the Kingdom of Saudi Arabia. It is noticeably prominent for travelling, as Saudi consumers are travel enthusiasts and have yearly travelling goals, both internationally and, now, following the time of the pandemic with the associated restrictions, to also explore recently developing domestic destinations, many of which are quite expensive to...

Euromonitor International's Consumer Credit in Saudi Arabia 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: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

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 Credit 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 Credit in Saudi Arabia
October 2022

List Of Contents And Tables

CONSUMER CREDIT IN SAUDI ARABIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Other personal loans form the core of gross lending, thanks to Saudi consumers’ love for travel
Shariah-compliant services boost consumer confidence, as banks support fintechs and BNPL platforms
Education lending driven by desire for quality education back home as well as from abroad
PROSPECTS AND OPPORTUNITIES
Card lending to gain support from the overall developing digitisation
Auto lending to recover and grow over the forecast period
Dynamic growth for home and durables lending expected
CATEGORY DATA
Table 1 Consumer Credit: Outstanding Balance by Category: Value 2017-2022
Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2017-2022
Table 3 Consumer Credit: Gross Lending by Category: Value 2017-2022
Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2017-2022
Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2022-2027
Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2022-2027
Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2022-2027
Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2022-2027
CONSUMER LENDING IN SAUDI ARABIA
EXECUTIVE SUMMARY
Consumer lending in 2022: The big picture
Growth in overall retail lending
New rules set to push consumer lending into digital age
Increased loans for real estate purchasing opportunities
SNB labelled as the pioneer in financing housing sector
Growth of fintechs and BNPL platforms provide new consumer lending solutions
What next for consumer lending?
MARKET DATA
Table 9 Consumer Lending: Outstanding Balance by Category: Value 2017-2022
Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2017-2022
Table 11 Consumer Lending: Gross Lending by Category: Value 2017-2022
Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2017-2022
Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2022-2027
Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2022-2027
Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2022-2027
Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources