Ukraine Banks Extending Credit to Corporate, RNCOS Predicts High GrowthBy: Shushmul Maheshwari
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Ukraine Banks Extending Credit to Corporate, RNCOS Predicts High Growth
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Our new research report, “Booming Ukraine Banking Sector”, says that bank loans in the Ukraine banking industry are projected to grow at a CAGR of nearly 66% in terms of national currency during 2008-2012. Both short and log-term lending will witness robust growth during the forecasted period.
High growth prospects of lending in the country are attributed to strong growth in consumer credit (rising from low base), including mortgages and car loans, and better lending possibilities in the corporate sector due to improving finances of enterprises.
As per the report, corporate loans make up for more than two-third of the overall bank loans whereas corporate deposits represent nearly half of the share in the Ukraine banking industry. Both the segments are expected to drive the industry in future, with rising demand for corporate banking services stemming from huge investment across all the industries in the country.
The demand for corporate loans surged tremendously at a CAGR of around 54.35% from 2004 to 2007, and is expected to sustain the same growth rate during the forecasted period. In addition, economic entities are boosting the demand for loans to expand their business activities.
Apart from this, lending by the commercial banks in Ukraine will get support of strong growth in medium-term domestic deposits and growing borrowing abroad by the banks. However, despite several years of robust expansion, the lending in the country is still lower than more developed transition economies in Central Europe.
Our new market research report, “Booming Ukraine Banking Sector”, is a comprehensive and analytical study of the thriving banking industry of the Southeastern European country. It thoroughly analyzes the basket of products and services offered by the industry. It also helps clients to understand the leading-edge opportunities critical to the success of the banking industry as well as helps investors, financial service providers and global banking players to navigate through the market.
The report also provides forecast on personal disposable income, banking industry assets, deposits with banking industry, banking industry loans, internet penetration, and the number of ATMs & payment terminals.
For more information visit: http://www.rncos.com/Report/IM122.htm
Current Industry News: http://www.rncos.com/Blog/http://www.rncos.com/ |
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| Keywords |
Booming Ukraine Banking Sector, Ukraine Banking Sector, Booming Ukraine Banking Industry, Ukraine Banking Industry, Future of Ukraine Banking |
| Category |
Finance |
| Submission Date |
Dec 2, 2008 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Finance |
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How to Change Your Driver Seat? Tips on Low Interest Auto Loan
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When you approach for any auto loan nowadays, you need to shop around for the right loan with benefits that can help you. Many auto loan financers provide promotional offers, like loans with low interest rates. Any loan with low interest rate means lower monthly installments and hence lower costs.
Many institutions provide low interest auto loans to extend the loan facility to people from all classes. What stands important here is how to get a low interest deal on an auto loan? You must also check for the financer’s prime lending rate. PLR’s are determined on the basis of many factors. The financer will have a difference in the PLR and the lending rate to the customer. You benefit if the lending rate is closer to the PLR.
Also the choice of a car greatly matters in determining the interest rates. If it’s a used car, the condition of the car is adjudged and the interest rate will tend to be higher, as compared to that of a new car or a car in good condition. Another tip would be to get your loan financed through a bank of financial institution. If your auto dealer is enticing you with a so-called â great deal through his dealership, beware of the loopholes there.
Read minutely through the lines of such a deal, before you end up taking one. Your credit profile also plays the protagonist in clinching a low interest auto loan for you. Better your profile, lesser is the interest rate that you can bargain on your loan. There are ample of online loan financers to check for before you just walk into a car showroom.
Try and figure out who can get you the lowest rate deal. Be sure you know the market rates and the current market conditions even before you let any smart sales guy speak to you for the loan. You can only adjudge if the information he is providing is correct, when you thoroughly know the same. Make the use of Internet for your best. You have plenty of websites out there, which provide information on the auto loan interest rates on a daily basis. You can check out the charts as well for yourself for finding out the best rates.
Also, you can submit your request online to these sites, which in turn pass on this information to lending institutions. Also, they provide you 3 best quotes and you who will decide on the best quote. Remember that you have to shop around extensively before you hard lock on the lowest rate deal. Interest rates you get greatly depend on your knowledge, research and your credit profile.
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Pension Funds to do Well in Turkey – RNCOS
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As per our new research report “Turkey Pension Fund Market Forecast to 2013”, the Turkish people will continue to invest in the pension fund market due to its nature of safe investment. With least exposure to stock market, the pension fund investments are forecasted to grow at a CAGR of over 29% between 2009 and 2013 to reach close to US$ 10.6 Billion by 2013 end.
As the economic crisis deepens in the country, the products offered by the Turkish pension insurance firms have become more conservative in terms of investment strategies, said RNCOS report. In September 2008, some 67% of all funds were invested in treasury bills and bonds but this figure reached 71.3% in January 2009. In the same period, the ratio of equity funds dropped from 7.7% of all funds to 7.5%. Investments in reverse repossession have also slumped from 19.9% in September 2008 to 16.1% in January 2009.
We have also found that although the market is growing at a rapid pace, the participation in the pension system on the whole remains limited as only 1.8 Million of Turkey’s 70.5 Million people currently contributing to private pension funds. Thus, the market is largely untapped and has huge space for further expansion. Our analysis shows that the Turkish pension market has the potential to cross the mark of US$ 67 Billion by 2013 end.
“Turkey Pension Fund Market Forecast to 2013” is a comprehensive research report that comprises quality research and in-depth analysis of the pension fund market in Turkey. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, future outlook and all other factors which are critical for the success of a new entrant in the Turkish pension fund market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM022.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Mobile Finance, Inc Offers Mobile Home Financing and Refinancing In Pennsylvania
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Mobile Finance, Inc, specializes mobile home loan programs, is offering a mobile home refinancing program that includes debt consolidation for mobile home owners in Pennsylvania.
“We are excited about our mobile home refinancing program that offers debt consolidation for people who own a mobile home that is located in a park or other rented land.” Stated Troy James, president and chief executive officer of Mobile Finance, Inc. “Our goal is to offer innovative mobile home loan programs to customers who would like to purchase or refinance a mobile home”
Several national mobile home lenders have mobile home financing programs available that offer mobile home loan products to qualified applicants to purchase a new or used mobile home, or, to refinance an existing mobile home loan. Mobile home loans that are offered for homes that are on rented land such as a park are called “chattel mortgages” and mobile homes that are situated on their own land and the lender is financing both the mobile home and the land together is a real estate mortgage. Interest rates are typically higher and loan terms shorter for chattel mortgages since the lender is not securing the real estate with the mobile home.
Typical Debt Consolidation Refinance Guidelines:
*700 and above credit score
*Consolidation of credit cards
*1994 and newer mobile homes
*Single wide and double wide homes
*Home must be in a park or other rented land.
Mobile Finance, Inc is a financial services company that offers mobile home loan programs such as mobile home refinancing and mobile home financing for homes located on rented land such as parks. Mobile Finance, Inc offers mobile home loan programs from several national lenders.
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RNCOS Releases a New Report- Booming China Insurance Sector
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RNCOS has recently added a new Market Research Report titled, “Booming China Insurance Sector” to its report gallery. China is one of the largest untapped and fastest growing insurance markets in the world. With rapid economic development and a burgeoning consumer class, China has the potential to become one of the most significant insurance markets in the world. Driven by a variety of demographic, economic and regulatory factors, this growth should continue at a solid pace in the foreseeable future, says our recent research report.
Exploring the market development and potential, this research report offers objective analysis on China’s insurance industry. The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a guide to the direction in which the market is likely to move in future. This report therefore serves to provide foreign investors with an in-depth understanding of China’s insurance market.
Key findings of the report are:
- Personal insurance premium income is forecasted to grow at a CAGR of about 24% during our forecast period spanning from 2008 to 2012.
- Life insurance premium income is expected to rise to about RMB 1384 Billion by the end of 2012, growing at CAGR of about 25.5%.
- Growing role of bancassurance and investment-linked insurance products will decide the future of life insurance industry in the country.
- Property insurance premium income is forecasted to grow at CAGR of about 21% during 2008-2012.
- Booming China’s automobile (including two- and three-wheelers) industry will continue driving country’s property insurance market during the forecast period.
Report features:
- Detailed analysis on the current status of insurance market in China.
- Overview on the fastest growing products.
- Future outlook of the Chinese insurance market.
- Growth prospects and major roadblocks in the market.
Major players discussed in the report are:
This section provides an insight on key players in the insurance market of China. These include China Life Insurance Company Limited, PICC Property & Casualty Ltd, Ping An Group and China Pacific Insurance (Group) Co. Ltd.
Information in the 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 over 3000 paid databases.
Research methodology used in the report is:
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For more information visit: http://www.rncos.com/Report/IM165.htm
Current Industry News: http://www.rncos.com/Blog/
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Health Insurance to Drive Middle East Market
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RNCOS, in its new report “Middle East Insurance Market Forecast to 2012”, says that with growing demand for non-life insurance products on the back of increasing demand for private medical insurance and motor insurance renewals, the insurance premium in the Middle East is expected to grow over 20% between 2009 and 2012.
As per our research, non-life insurance segment will be a key contributor to the growth in the Middle East insurance market, with motor insurance accounting for majority of insurance premiums. However, the growth will be led by health and medical insurances. The expatriate workforce in the UAE has shown strong inclination toward employment benefits to include broadly-based contracts offering group insurances and strictly private medical insurance coverage.
With rising competition in regional economies, insurers and financial experts have seen dramatic changes in the wider range of benefits that professional expats have automatically come to expect in their employment contracts. In an increasingly competitive market, employers are offering a wider range of employee benefits to attract and retain qualified and experienced people.
“Middle East Insurance Market Forecast to 2012” provides comprehensive research and in-depth analysis of the country-wise insurance sector in the Middle East, their key products, and services. The report helps clients to analyze the leading-edge opportunities critical to the success of the insurance Industry in the Middle East. Detailed data and analysis enables investors, financial service providers and global insurance players navigate through the evolving insurance sector in the Middle East.
The report supplements the past and current information of the Middle East insurance market with forecast on various important industry segments. Apart from the consolidated information on the region, report offers country specific information on the UAE, Saudi Arabia, Turkey, Qatar, Jordan, Bahrain, Kuwait, Iran, Israel and Oman.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM178.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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