The Saudi Arabian Monetary Agency’s (SAMA), the Saudi Central Bank, assets dropped to SAR 2777bn in February, SAR 4bn decline compared to January 2014.

SAMA’s February 2014’s assets rose by SAR 289bn compared to its February 2013 figure; according to SAMA’s monthly news letter released today.

 

SAMA's Assets since 2013

Change(SARbillion)

(SAR billion)

Month

+13

2498

January

(10)

2488

February

+49

2537

March

+21

2558

April

+44

2602

May

(5)

2597

June

+9

2606

July

+62

2668

August

(7)

2661

September

+62

2723

October

+8

2731

November

+8

2739

December

+42

2781

January 2014

(4)

2777

February 2014
 

SAMA’s investments in foreign securities, which represent more than 70% of its assets, rose for the 49th consecutive month to SAR 1998bn by the end of February2014, 13% increase compared to the same month in 2013.

Other assets increased dramatically by 250% reaching SAR 56bn last February compared to SAR 16bn for the same month last year.

 

The following table illustrates SAMA’s assets details in February 2014:

 

SAMA's Assets for February 2014 (SAR billion)

Change

2014

2013

Period

+5%

196

186

Foreigncurrencyandgold

(16%)

26

31

Cashonhand

+5%

501

481

Depositsatforeignbanks

+13%

1998

1773

Securitiesinvestmentsabroad

+250%

56

16

Otherassets

+12%

2777

2488

Total
 

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