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| 21. |
RNCOS Releases a New Report- Global Credit Card Industry - Emerging Markets
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RNCOS has recently added a new Market Research Report titled, “Global Credit Card Industry - Emerging Markets” to its report gallery. Our new research report, “Global Credit Card Industry - Emerging Markets”, states that with changing consumer spending patterns, the credit card market in emerging economies has expanded rapidly in recent years. For instance, between 2004 and 2007, the number of credit cards in Brazil and Mexico more than doubled, while the number of cards in circulation in Poland tripled.
Outstanding credit card debt in India tripled over the same period. In China, growth in the number of credit cards averaged just over 23% from 2004 to 2007, and then surged to nearly 93% in the first half of 2008.
We strongly believe that this growth trend will continue in near future as well, with a small deceleration in effect of global financial turmoil and credit squeeze. Bankers will also be a little more conscious while doing risk evaluation of credit card applicants. But the overall trend will remain positive.
The baseline for this optimistic future outlook is that governments in most of the emerging countries are encouraging credit cards usage to cut the operating cost and to avoid tax delinquencies. Consumers also prefer use of credit cards as they are safer to carry and provide credit facility as well. Beside this, there are many other benefits like reward points and discounts by merchants as well as bankers which lure customers to shop by credit cards.
This report provides extensive research and in-depth analysis on the emerging credit card markets. It will help clients to analyze the leading-edge opportunities critical to the success of emerging credit card markets. Detailed data and analysis will help the players to navigate through the evolving credit card markets in the world.
Our research provides forecast on
- Number of credit cards in China, 2008 & 2012
- Credit cards purchases in India, 2008-09 to 2011-12
- Credit cards spending in South Korea, 2008-2012
- Number of credit cards in Russia, 2008-2012
- Number of credit cards in Poland, 2008-2012
- Consumer spending via credit cards in Brazil, 2008-2012
- Number of credit cards in Mexico, 2008-2012
Date Added: Apr 25, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 22. |
Indonesian Islamic Banking Gaining from Financial Crisis
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According to a recent research report “Indonesian Islamic Banking Outlook to 2013” by RNCOS, a leading research firm, with low penetration and growing interest of conventional banks into Sharia-compliant banking services (Islamic banking), the Islamic banking industry (in terms of assets) in Indonesia would continue to grow at a CAGR of over 50% between 2009 and 2012.
As per the research, Islamic banking in Indonesia is at its early stages of developments. It still makes up just about 2% of conventional banking system in the country. However, Bank of Indonesia (central bank) has set a target to push it to 5% by 2010 end. Thus, the country provides ample opportunities for new entrants in the system. Recently, two more conventional banks have converted into Islamic banks, BRI Syariah and Bukopin Syariah. Further, the industry expects at least five more by 2009 end - Panin-Hafra, BCA-UIC, Victoria, Maybank Indonesia and BNI Syariah.
The report also noted that the financial crisis has had no negative impact on the development of Sharia banking in the country. While the conventional financial system is reeling under the pressure of global financial crisis, the Sharia banking industry of Indonesia is benefitting from it and expects to continue its fast-paced growth in the years to come. This optimistic view is based on its very nature (avoid involvement of interest rates), and a healthy growth in lending in the recent months despite financial crisis.
“Indonesian Islamic Banking Outlook to 2013” provides a comprehensive research and prudent analysis on the Islamic banking in Indonesia. This extensive research will help the clients to identify the market trends and evaluate the leading-edge opportunities critical to the success of the Islamic banking market in the country. This study gives an overview on the various factors driving the banking industry, together with the forces that are blocking the growth of the industry.
This research supplements the past and current information on the Indonesia Islamic banking market with forecast on various important industry aspects, including Muslim population, disposable income, Sharia financing and deposits.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM180.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: May 21, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 23. |
RNCOS Releases a New Report- China Credit Card Market Outlook to 2013
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RNCOS has recently added a new Market Research Report titled, "China Credit Card Market Outlook to 2013 " to its report gallery. China's credit card market has reported remarkable growth over the past few years, albeit growing from a small base. The country issued more than 50 Million credit cards during 2008, taking the total number of credit cards in circulation to over 150 Million. These numbers are projected to continue growing in the next few years, despite the current economic crisis, says “China Credit Card Market Outlook to 2013”, a new report from RNCOS.
Factors like rapidly growing middle class, government support and low penetration of credit cards in China are anticipated to drive the future numbers; however, the pace of growth may slow down. Foreign banks will seek to play a more important role in the competition in the domestic market over the forecast period. This is largely due to that the current industry structure is dominated by the state-owned banks such as Industrial and Commercial Bank of China (ICBC), China Merchants Bank and China Construction Bank.
"China Credit Card Market Outlook to 2013 "provides extensive research and rationale analysis of the credit card industry in China. The report thoroughly examines the current industry trends which are adding to the growth of the Chinese credit card industry. Forecast in this research has been done considering the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and future outlook of credit cards market in China.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM002.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: May 21, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 24. |
Low Penetration to Drive Chinese Credit Card Market
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Chinese credit card market has grown at a rapid pace over the past few years on account of robust economic growth, rising income levels, growing middle class population and most importantly government initiatives. The total number of credit cards in circulation climbed to an estimated 150 Million by the end of 2008. Considering the current market turmoil, the credit card market in China is projected to grow at a CAGR of more than 28% by 2013, according to our new research report, “China Credit Card Market Outlook to 2013”.
However, the projected growth is almost half to the growth of more than 50% recorded during 2008 due to tight financial policies and job cuts. Despite this, low credit card penetration in China will be the major factor for future growth in credit cards, says the report. With over 1.3 Billion population base, credit card penetration stood at just over 11% at the end of 2008. In contrast, debit card penetration was clocked at over 100% with one people estimated to have more than one debit card. Huge gap between debit card and credit card penetration represents tremendous growth potential in the Chinese credit card market.
If we look at the credit card penetration at geographical level, most of the credit card usage is concentrated to the big cities like Shanghai and Beijing having majority of urban population. Semi-urban and rural areas still remain untapped, implying that the country offers immense opportunities to credit card players to exploit the untapped areas.
“China Credit Card Market Outlook to 2013” provides extensive research and rationale analysis on the credit card industry in China. The report thoroughly studies the current industry trends to facilitate clients to evaluate growth opportunities in credit card industry. Forecast in this research has been made considering the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and the future outlook of credit cards market in China.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM002.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: May 21, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 25. |
Low Penetration to Drive Chinese Credit Card Market
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Chinese credit card market has grown at a rapid pace over the past few years on account of robust economic growth, rising income levels, growing middle class population and most importantly government initiatives. The total number of credit cards in circulation climbed to an estimated 150 Million by the end of 2008. Considering the current market turmoil, the credit card market in China is projected to grow at a CAGR of more than 28% by 2013, according to our new research report, “China Credit Card Market Outlook to 2013”.
However, the projected growth is almost half to the growth of more than 50% recorded during 2008 due to tight financial policies and job cuts. Despite this, low credit card penetration in China will be the major factor for future growth in credit cards, says the report. With over 1.3 Billion population base, credit card penetration stood at just over 11% at the end of 2008. In contrast, debit card penetration was clocked at over 100% with one people estimated to have more than one debit card. Huge gap between debit card and credit card penetration represents tremendous growth potential in the Chinese credit card market.
If we look at the credit card penetration at geographical level, most of the credit card usage is concentrated to the big cities like Shanghai and Beijing having majority of urban population. Semi-urban and rural areas still remain untapped, implying that the country offers immense opportunities to credit card players to exploit the untapped areas.
“China Credit Card Market Outlook to 2013” provides extensive research and rationale analysis on the credit card industry in China. The report thoroughly studies the current industry trends to facilitate clients to evaluate growth opportunities in credit card industry. Forecast in this research has been made considering the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and the future outlook of credit cards market in China.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM002.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: May 21, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 26. |
Ministry Buffering Vietnam Insurance, Market Still May Go Down
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RNCOS, a leading market research firm, says in its new report, “Vietnam Insurance Sector Forecast to 2010” that, with the liberalization post WTO agreement, proposed regulatory amendments, and constant monitoring and support from the Ministry of Finance, the insurance market of Vietnam will continue to grow at a fast pace in coming years.
As per the report, the Ministry of Finance plans for developing a wide and comprehensive insurance market to fulfill the growing demand for insurance products, improve the business and financial capacities of the insurers, and meet international and competitive integration requirements. Existing Insurance Business Law will also be amended, and a strategy will be worked out for the development of the insurance market of Vietnam during 2010-2020.
However, despite all things moving in right direction, the Vietnamese insurance sector is not expected to remain immune to the global economic turmoil as its growth rate reduced in the last few months of the year and this downward movement is projected to continue in 2009 as well.
Exports and imports will be the worst hit industries in Vietnam next year. So insurance for the ex-import commodities, ships and shipbuilding will be affected the highest. Demand for the automobile and construction insurance will also not be able to bounce back in 2009.
“Vietnam Insurance Sector Forecast to 2010” provides a comprehensive research and prudent analysis on the Vietnamese insurance market. This extensive research will help the clients to identify the market trends and evaluate the leading-edge opportunities critical to the success of the insurance market in the country. This study gives an overview on the various factors driving the insurance industry, together with the forces that are blocking its growth.
This objective research supplements the past and current information on the Vietnam’s insurance market with forecast on various important industry aspects, including economic growth, passenger cars, and life and non-life insurance market.
For more information visit: http://www.rncos.com/Report/IM146.htm
Current Industry News: http://www.rncos.com/Blog/
Date Added: Jun 9, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 27. |
Turks to Swipe Credit Cards More than Debit Cards
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According to the recent research report “Turkey Banking Sector Forecast to 2012” by RNCOS, the increasing preference for cash-less transaction and availability of various card products will fuel the usage of financial cards in future in Turkey. Also, the rising tendency of credit repayment among consumers will drive the circulation of financial cards in coming years.
Credit cards will see a more favorable scenario in coming times. The rising circulation of credit cards will outpace the growth rate of debit cards in circulation during 2009-2012. The number of credit cards in circulation is anticipated to grow by around 11% as compared to just 4% in case of debit cards.
Like global trend, the debit and credit cards marked considerable annual increase in Turkey. The number of credit cards, which was 32.4 Million by the end of 2006, rose by 15.1% by the end of 2007 reaching 37.3 Million. The number of debit cards in the same period reached 55.5 Million with an increase of 3.7%. Due to the widespread use of debit and credit cards, the number of Point-of-Sale (POS) terminals and ATMs has been increasing continuously in recent years, says the report.
The analysis of the volume and value of debit card transactions shows a year-on-year increase in the use of debit cards. On the other hand, debit cards are mainly used for withdrawing cash rather than purchasing. Out of the 619.7 Million debit card transactions made in 2007, a huge 88.1% comprised cash withdrawal transactions.
“Turkey Banking Sector Forecast to 2012” is an extensive research that provides a detailed overview on the Turkish banking industry. This report underlines the factors responsible for the growth of the industry, market opportunities and challenges threatening the market growth.
This report provides segment-wise analysis, forecast, latest market trends, and future potential areas in the banking sector of Turkey. The extent of the information covered in the report will help the clients in understanding the market dynamics and position themselves accordingly in this highly lucrative sector.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM177.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: Jun 20, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 28. |
Russian Insurance Industry Gaining from Economic Stability
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Although the Russian insurance industry is fairly underdeveloped, it has immense growth potential and is poised to grow rapidly in coming years, said “Russian Insurance Industry Forecast to 2010”, a new research report from RNCOS. The value of the life insurance market is expected to grow at a CAGR of 4.6% during 2008-2011.
Many government initiatives such as opening insurance sector to foreign insurers and relatively stable economic environment in this tough time of economic downturn have not only given impetus to the insurance sector, but also encouraged people to invest in long-term products such as general insurance and life insurance in particular. Moreover, insurance companies will have to launch new products in the market to tap the rising demand. Amendments in tax regulations have reduced the size of non-risk-based products, making the market more transparent.
With the enactment of laws that mandate property insurance, the overall insurance market will certainly see an upward movement. At present, the Russian insurance market is fragmented and unstructured, with around 100 companies operating in it, most being very small and inadequately capitalized. However, the market will gradually stabilize on account of increasing trends of consolidation and regulatory developments.
“Russian Insurance Industry Forecast to 2010” provides broad overview of the Russian insurance industry and explores the market development and potential. The report also provides rational outlook and forecast on various segments of the industry, but they are not based on the complex economic model and instead give rough guide to the direction in which the market is likely to move.
The forecasts given in the report include per head disposable income, GDP per head, number of insurance companies, life and non-life insurance premium, aviation insurance premium, cargo insurance premium and reinsurance premium. The forecast enables clients to devise business strategy in accordance to the Russian insurance market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM099.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: Jun 20, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 29. |
RNCOS Releases a New Report- Indonesian Islamic Banking Outlook to 2013
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RNCOS has recently added a new Market Research Report titled, "Indonesian Islamic Banking Outlook to 2013" to its report gallery. With the global financial crisis raising doubts over the world's conventional financial system, the banking industry in Indonesia stands to benefit from the global downturn and expects to continue rapid growth in the coming years. The financial crisis is having no negative impact on the development of Islamic banking in the country. So far, Islamic banks have not showed any weakening of their performance and we expect both assets and lending would grow at a CAGR of over 50% between 2009 and 2013. This optimistic view is based on its very nature (avoid involvement of interest rates), extremely low penetration and a healthy growth in lending over the past two years.
While it makes sense for global financial institutions to continue growth, exploit the opportunities offered by the Islamic banking market despite the financial crisis, and keep themselves regularly updated against the status of Islamic banking market in some of the emergent countries, it is worthwhile to keep eyes on developments in Islamic banking markets. Keeping the same fact in mind, RNCOS decided to research on one of the fastest growing Islamic banking destinations - Indonesia - and launched a report, "Indonesian Islamic Banking Outlook to 2013”.
The report gives an extensive research and in-depth analysis on the Islamic banking market in Indonesia and helps clients to analyze the opportunities being opened by it. Based on this analysis, the report gives a forecast of the market intended as a rough guide to the direction in which the market is likely to move. The report provides 4-year industry forecast (2009-2013) on various key banking performance indicators, including:
- Islamic banking assets
- Islamic bank financing
- Islamic bank deposits
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM180.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: Jun 20, 2009 Hits: 0 Rating: 0.00 Votes: 0
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| 30. |
RNCOS New Report- Indian Mutual Fund Industry
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RNCOS has added a Market Research Report titled, “Indian Mutual Fund Industry”, to its report gallery. The Indian mutual funds industry is witnessing a rapid growth as a result of infrastructural development, increase in personal financial assets, and rise in foreign participation. With the growing risk appetite, rising income, and increasing awareness, mutual funds in India are becoming a preferred investment option compared to other investment vehicles like Fixed Deposits (FDs) and postal savings that are considered safe but give comparatively low returns, according to “Indian Mutual Fund Industry”.
This report provides a detailed analysis along with current and future outlook of the Indian mutual fund industry and explores the market development and potential. The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a rough guide to the direction in which the industry is likely to move.
Key Findings
- The Indian mutual funds retail market, growing at a CAGR of about 30%, is forecasted to reach US$ 300 Billion by 2015.
- Income and growth schemes made up for majority of Assets Under Management (AUM) in the country.
- At about 84% (as on March 31, 2008), private sector Asset Management Companies account for majority of mutual fund sales in India.
- Individual investors make up for 96.86% of the total number of investor accounts and contribute 36.9% of the net assets under management.
Key Issues & Facts Analyzed in the Report
- What are the key factors fueling growth into the Indian mutual fund market?
- Which are the fastest growing products?
- What are the key growth prospects?
- What are the key challenges for the market?
- How the market is likely to move in future?
Key Players
This section provides business analysis of key players in the Indian mutual fund market, including Reliance Capital, BOB and HDFC.
Research Methodology Used
Information Sources
Information for this report has been sourced from books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Methods
The analysis methods used in this report include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM142.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
Date Added: Jun 20, 2009 Hits: 0 Rating: 0.00 Votes: 0
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