What Indonesia Online Aggregators can learn from Global Players: Ken Research

indonesia-online loan-insurance-market

A proportion of the population still relies on traditional sources of financing including banks, friends, relatives & other informal channels owing to reasons such as limited accessibility to banking services, lack of financial awareness, lack of collateral, etc. These reasons prompt individuals to look for alternative sources of financing options. With an internet penetration rate of ~40%, Indonesia lags behind by 2-3 years in digital adoption when compared to other emerging countries. The concept of online loan & insurance aggregation in Indonesia was introduced by CekAja in 2013 by providing…

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UAE Online Loan Aggregator Market Outlook: Ken Research

UAE Online Loan Aggregators Market

Buy Now Socio-Economic Outlook Of UAE With a population of 9.68 Mn as of 2019, ~70% of the borrowing population belongs to the age group of 30-50 years. A major proportion of the population resides in urban areas including Dubai, Abu Dhabi & Sharjah thereby driving the demand for financial products in the country. High Job opportunities attract the ex-pat population to the UAE. >80% population is dominated by Expats with major influx coming from Asian countries. The government of the UAE has been diversifying its revenue & decreasing its…

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How are Online Aggregators gaining momentum in UAE? – Ken Research

UAE Online Loan Aggregators Market

Traditionally banks provided limited transparency on loan pricing & charges, making customers call up/visit bank branches just to attain basic loan pricing information. This gap was fulfilled with the introduction of the Loan Comparison website by YallaCompare in UAE. Loan Comparison websites facilitate comparison of credit options for multiple products including car loans, credit cards, personal loans, Mortgage and SME; from multiple loan providers at a given point of time. Following this model, new players including MoneyMall, Compare4Benefit, Souqalmal, etc. entered the UAEs marketplace. Threes aggregators do not charge any…

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UAE Online Loan Aggregators Industry Outlook to 2024: Ken Research

UAE Online Loan Aggregators Industry

Buy Now The publication titled ‘UAE Online Loan Aggregators Industry Outlook to 2024 – Driven by Shifting to Contactless Services & Easy Online Loan Facilitation’ undertakes an analysis of the UAE’s socio-demographic, economic & banking outlook; overall lending & retail lending scenario; gaps in traditional models filled by aggregator model; unique operating models in the sector, organizational structure of major players and future outlook & trends expected to drive the Industry. In past years UAE has been one of the highest ex-pats dominated countries (8.5 Mn i.e over 80% of total 9.7 Mn)…

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Indonesia Car Finance Market is further expected to reach a Market Size of around USD 1366 Billion by the year ending 2024: Ken Research

Indonesia Car Finance Industry

The report provides a comprehensive analysis of the Indonesia Car finance market including market evolution, market overview, market genesis, and market size and market segmentation. Extensive focus has been placed in quantifying the credit disbursed and a number of vehicles financed, both new and used. The report covers aspects such as market segmentation (by loan tenure, new and used C and type of Lending Institution), customer perspective in the market and snapshot on online Aggregating ecosystem in Indonesia. Competitive landscape of major lenders Bank of Central Asia (BCA Finance), Mandiri Bank (Mandiri…

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Thailand Auto Loan Outstanding is expected to reach around THB 4,500 Billion by 2024: Ken Research

Thailand Auto Finance Market_ Cover Page

Buy Now Thailand automotive industry is shifting focus towards electric vehicles (EVs), partly due to tightening regulations as tougher emission duty guidelines are set in major economies such as the US, Europe, and China. In alignment with this wave, the Thai Finance Ministry​ reduced excise tax rates for EV cars since 2017, driving domestic sales of hybrid electric vehicles (HEVs), battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). This trend will likely to continue into 2019 despite the expected decline in the overall domestic automotive sales. Thailand’s household…

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