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	--	--

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