Specialized companies should finish the year on a production increase of 2%. They suffer less compe

Specialized companies should finish the year on a production increase of 2%. They suffer less competition from banks on the personal loan. The car loan down 1.3% at the end of September due to the slump in the LOA and the decline girl talk tour dates in new car sales.
Companies consumer credit gradually back on their feet. According to statistics not yet made public the Professional Association of Finance Companies (DCA), production in the first three quarters of stagnation spring to 10.3 billion dirhams compared with the same period last year, which establishes outstanding on that date to 43.4 billion dirhams. In the first half, there was a decrease of 2%, a decline that lasts since 2008. This return to form on is due in large measure to a good delivery companies during the month of September, which increased production by 11% compared to the same month last year. By industry, the production of personal loans showed a slight increase of 1% at the end of September, girl talk tour dates to 5.8 billion dirhams, which establishes their assets to 27.8 billion dirhams. Societies recovering relatively bar since their production in this segment fell by 5% and 16% respectively in 2011 and 2012. And because banks engaged tough competition to specialized companies seem to have eased off on the segment in particular because of rising defaults. As proof, the bank outstanding consumer credit rose by 2% at end-September while recording rate double-digit growth since 2008. Recall that thanks to their natural advantages in terms of sales network and refinancing costs, banks have upped their share of the total outstanding consumer credit more than 50% today when they were that to 34% in 2005. For its part, the car loan has seen its production decline by 1.3% to 4.1 billion dirhams. This trend is clearly worrying as professionals, knowing that the activity in this segment increased by 8% in 2011 and 26% in 2012. This decline is largely due to the poor performance of the LOA (lease with option to purchase) which tumbled 39% to 1.4 billion dirhams. Is that borrowers have turned girl talk tour dates away from this product since the entry into force of the taxation of residual values of vehicles financed by LOA under the Finance Act 2013. Result, the share of the LOA in auto loans granted girl talk tour dates rose from 22% to 13% between September 2012 and September 2013, and professionals expect an accentuation of this trend by the end of the year. Mechanically, the unattractiveness of the LOA oriented customer to the formula of classic car loan that has seen its production increase by 43% to 2.7 billion dirhams. But whatever the formula auto financing that favors borrowers, it must also be said that this segment declined overall due to the fragile health of the automotive market where sales fell by more than 6% at end-October . Potential in credit equipment Anyway, specialized companies have no choice but to rely increasingly on car loans, and more generally on the affected loans, on which they can still make play some advantages over banks. Indeed, companies have several advantages in this field such as processing speed and expertise in markets involving prescribers girl talk tour dates (supermarkets ...) that constitute a network of more than 3 500 to 4,000 outlets Structured identified at national level. When we know that funding for domestic equipment yet weigh only 1% of outstanding consumer credit and are continuously growing, it is indeed tempting to believe that the future girl talk tour dates of societies