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Saudi bank loans hit SAR 1.62 trln in January 2020
Saudi bank loans granted to the public and private sectors increased 8% year-on-year (YoY) by the end of January 2020 to SAR 1.622 trillion compared to SAR 1.496 a year earlier, according to data issued by the Saudi Arabian Monetary Authority (SAMA).
Private sector lending also rose 9% YoY to SAR 1.565 trillion for the same month.
|
Loans to Private Sector (SAR trln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
1442 |
1565 |
+9% |
|
February |
1453 |
-- |
-- |
|
March |
1461 |
-- |
-- |
|
April |
1469 |
-- |
-- |
|
May |
1486 |
-- |
-- |
|
June |
1477 |
-- |
-- |
|
July |
1485 |
-- |
-- |
|
August |
1487 |
-- |
-- |
|
September |
1499 |
-- |
-- |
|
October |
1507 |
-- |
-- |
|
November |
1528 |
-- |
-- |
|
December |
1547 |
-- |
-- |
Meanwhile, the value of loans given to the public sector jumped 5% YoY to SAR 57.9 billion by the end of January.
|
Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
54.9 |
57.9 |
+5% |
|
February |
57.1 |
-- |
-- |
|
March |
56.7 |
-- |
-- |
|
April |
59.9 |
-- |
-- |
|
May |
57.5 |
-- |
-- |
|
June |
55.5 |
-- |
-- |
|
July |
60.2 |
-- |
-- |
|
August |
57.2 |
-- |
-- |
|
September |
55.9 |
-- |
-- |
|
October |
55.1 |
-- |
-- |
|
November |
57.8 |
-- |
-- |
|
December |
61.6 |
-- |
-- |
Related News
| Saudi banks loans hit SAR 1.6 trln in December 2019 |
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