Egypt Car Finance Market Outlook 2017-2021
DUBLIN, October 19, 2017 /PRNewswire/ --
The "Egypt Car Finance Market Outlook to 2021 - Stringent to Introduce Innovative Measures to Determine the Credit Worthiness" report has been added to Research and Markets' offering.
The report covers market size on the basis of credit disbursed, number of cars financed and new and used car penetration, segmentation on the basis of new and used car finance, tenure of loan for new car and used car and number of new cars financed in each region.
The report also includes the rules and regulations implied by the government on the banks in lending a car loan, competitive landscape and company profiles for major players in the car finance market. The report provides detailed overview on the general features of car loan in the country and future outlook & projections with future strategies of the players in the market.
There are nearly 41 banks spread across Egypt. All these players are competing against each others on the basis of interest rates, loan tenure, minimum salary requirement, down payment and other related parameters. The major players in the market are Bank of Alexandria, Banque Misr, National Bank of Egypt, Bank Audi and others. Dealership financing is of great importance within the country due to the accessibility and faster loan processing system of the dealers. The lack of banking penetration is also a factor that raises the demand for financing through dealers.
During the forecast period 2017-2021, the Egypt car finance market is expected to recover slowly from the fall it has experienced towards the end of the review period, 2011-2016. The recovery is presumed to be at a slow pace due to various factors such as tightened CBE regulations, rising prices in new car prices, shortage in the supply of used cars, introduction of VAT and such other factors. However, a growth is expected to be observed in the market owing to the government initiatives taken to stabilize the economy, increased demand for used cars, increased offerings from the banks and dealers and other factors.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Egypt Car Finance Market - Genesis and Overview
4. Value Chain Analysis in Egypt Car Finance Market
5. Egypt Car Finance Market Size, 2011-2016
6. Egypt Car Finance Market Segmentation
7. Government Regulations in Egypt Car Finance Market
8. Points to Consider Before Taking Car Loan From a Bank in Egypt
9. Trends and Issues in Egypt Car Finance Market
10. Product Features in Egypt Car Finance (Tenure, Interest Rate and Conditions)
11. Competitive Landscape
12. Future Outlook and Projections for Egypt Car Finance Market, 2017-2021
13. Analyst Recommendations
14. Macroeconomic Factors Affecting Egypt Car Finance Market
Companies Mentioned
- Bank of Alexandria
- Banque Misr
- National Bank of Egypt
- Arab Bank
- Bank Audi SAE
For more information about this report visit https://www.researchandmarkets.com/research/3gl7dp/egypt_car_finance
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