Dominican Republic Wealth Report 2014

DominicanRepublic HNWI wealth will grow by 37% in 2018. 

Dominican Republic Wealth Report 2014 identifies that the number HNWI wealth will reach US$66 billion by 2018. By purchasing this report you will secure a proper understanding of shifting market dynamics which will enable you to amend your business plans accordingly, to allow maximum sales. You will gain an understanding of asset allocations of HNWIs and Ultra HNWIs investments in Dominican Republic enabling you to indentify the key areas in which you want to compete in the future.

Additional report highlights:

Despite unfavorable world market conditions, the Dominican Republic wealth management industry is growing rapidly. With US$43 billion in wealth, the market is attractive for local development and to foreign institutions. Much of the growth in Dominican Republic’s wealth management and private banking sector over the past decade has been driven by growth in personal wealth, and the number of HNWIs and UHNWIs. Wealth contrasts are a sensitive matter in the country, with poverty being a significant issue.

 WealthInsight expects private banks and institutions to reinforce and centralize their operations over the forecast period, as well as allocate more resources to better understand their client base and provide high-level services.  Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Dominican Republic HNWIs is forecast to grow by 27% to reach 14,278 by 2018, and HNWI wealth is expected to grow by 37% to reach US$66 billion by 2018. 

Reason's to Buy:

· Obtain a clear understanding of HNWIs and UHNWIs in Dominican Republic, broken down by wealth bands, demographics, job titles, industries and regions so that you may formulate and implement business strategies.

· Provide yourself with a comprehensive breakdown of asset class composition, across five wealth brands with a further look into key investments in order to gain a proper comprehension within the wealth market and its trends.

· Look into wealth managers, private banks, family offices and financial advisors, to allow a full evaluation of competitive risk and success factors, which will enable you to minimize business risks and challenges. 

New Zealand's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

The New Zealand card payments channel registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 4.71% to reach 15.0 million cards in circulation by the end of 2013. In terms of transaction value, the card payments channel valued NZD86.3 billion (US$70.9 billion) in 2013, after registering a CAGR of 2.81% during the review period. Improved banking infrastructure and the increasing acceptance of card-based payments in merchant outlets were key factors for the growth of the card payments channel.

In terms of transaction value, debit cards accounted for the highest share during review period with 66.5% in 2013, and are expected to maintain this over the forecast period. The category is expected to grow at a forecast-period CAGR of 1.05% from NZD58.3 billion in 2014 to NZD60.8 billion in 2018. The second-highest share in terms of transaction value was held by credit cards with 27.7%, followed by charge cards with 5.5% and prepaid cards with 0.3%.

The number point of sale (POS) terminals in New Zealand recorded a review-period CAGR of 0.99%, and is expected to post a forecast-period CAGR of 3.12%. Transaction volumes and values for credit, debit and charge cards are growing more at POS terminals than at automatic teller machines (ATMs), indicating the rising adoption of electronic payments in New Zealand. 

Card fraud in New Zealand increased at a review-period CAGR of 7.05%. The card-not-present fraud value posted the highest growth rate of 16.05% during the review period. Card ID theft value also increased during review period, while counterfeit card, and card lost or stolen fraud values fell.

Reasons to buy this report

o Make strategic business decisions using top-level historic and forecast market data related to New Zealand's cards and payments industry and each market within it. o Understand the key market trends and growth opportunities within New Zealand's cards and payments industry. o Assess the competitive dynamics in New Zealand's cards and payments industry. o Gain insights in to the marketing strategies used for selling various card types in New Zealand. o Gain insights into key regulations governing New Zealand's cards and payments industry.