New Market Study, "Emerging Opportunities in the Kuwait's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape", Has Been Published
Kuwait's cards industry as a whole grew moderately at a CAGR of 3.59% during the review period, primarily driven by the prepaid card category. Slow growth was mainly a result of the global economic crisis, which caused a decline in demand for oil and non-oil based exports and resulted in decreased rates of lending. During the review period (2008-2012), prepaid cards occupied the largest share in the overall cards and payments industry, and in volume terms recorded a CAGR of...
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