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Saudi bank loans to public, private sectors rise 15% to SAR 1.841 trln in December 2020
Saudi bank loans granted to the public and private sectors increased 15% by the end of December 2020 to SAR 1.841 trillion, compared to SAR 1.608 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also rose 14% year-on-year (YoY) to SAR 1.763 trillion for the same month.
Meanwhile, loans granted to non-financial public sector’s institutions amounted to about SAR 79.2 billion at the end of December, an increase of 28%, compared to the same period in 2019.
|
Loans to Private Sector (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
1442 |
1565 |
+9% |
|
February |
1453 |
1593 |
+10% |
|
March |
1461 |
1633 |
+12% |
|
April |
1469 |
1648 |
+12% |
|
May |
1486 |
1649 |
+11% |
|
June |
1477 |
1672 |
+13% |
|
July |
1485 |
1685 |
+13% |
|
August |
1487 |
1700 |
+14% |
|
September |
1499 |
1724 |
+15% |
|
October |
1507 |
1736 |
+15% |
|
November |
1528 |
1755 |
+15% |
|
December |
1547 |
1763 |
+14% |
|
Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
54.9 |
57.9 |
+5% |
|
February |
57.1 |
57.2 |
+0.1% |
|
March |
56.7 |
59.4 |
+5% |
|
April |
59.9 |
60.4 |
+1% |
|
May |
57.5 |
61.0 |
+6% |
|
June |
55.5 |
62.3 |
+12% |
|
July |
60.2 |
65.2 |
+8% |
|
August |
57.2 |
76.6 |
+34% |
|
September |
55.9 |
65.9 |
+18% |
|
October |
55.1 |
70.4 |
+28% |
|
November |
57.8 |
77.3 |
+34% |
|
December |
61.6 |
79.2 |
+28% |
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| Saudi bank loans to public, private sectors rise 16% to SAR 1.832 trln in November 2020 |
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