Mortgage loans provided to retail and corporate clients by commercial banks in Saudi Arabia rose 39% year-on-year (YoY) to SAR 359.9 billion in Q2 2020, according to data issued by the Saudi Arabian Monetary Authority (SAMA).
Loans to retail clients, accounting for 70% of total mortgage loans, jumped 54% YoY to SAR 250.3 billion in Q2 2020. Corporate loans grew by 13% YoY to SAR 109.6 billion.
Real Estate Loans (SAR bln) |
|||
Total |
Corporate |
Retail |
Period |
2016 |
|||
188.53 |
82.24 |
106.29 |
Q1 |
187.05 |
78.63 |
108.42 |
Q2 |
197.59 |
88.10 |
109.48 |
Q3 |
200.40 |
89.92 |
110.48 |
Q4 |
2017 |
|||
204.66 |
93.05 |
111.60 |
Q1 |
211.87 |
96.85 |
115.02 |
Q2 |
213.64 |
96.47 |
117.17 |
Q3 |
210.99 |
89.74 |
121.25 |
Q4 |
2018 |
|||
216.82 |
92.10 |
124.72 |
Q1 |
215.59 |
87.31 |
128.28 |
Q2 |
227.35 |
95.29 |
132.06 |
Q3 |
238.54 |
98.27 |
140.28 |
Q4 |
2019 |
|||
248.02 |
97.12 |
150.89 |
Q1 |
259.18 |
96.68 |
162.50 |
Q2 |
275.90 |
99.22 |
176.68 |
Q3 |
297.37 |
99.27 |
198.10 |
Q4 |
2020 |
|||
329.27 |
104.18 |
225.09 |
Q1 |
359.90 |
109.61 |
250.29 |
Q2 |
On the other side, consumer loans inched up nearly 5% YoY during the three-month period to reach SAR 335.8 billion.
They include cars and equipment loans, as well as travel, education, and home improvement loans, among others.
Consumer Loans (SAR bln)* |
||||
Total (SAR bln) |
Others (SAR bln) |
Transportation, Furniture, Education, Healthcare And Tourism |
Home improvement |
Period |
2016 |
||||
318.14 |
265.09 |
16.44 |
36.62 |
Q1 |
320.97 |
269.77 |
17.50 |
33.70 |
Q2 |
321.40 |
274.55 |
17.03 |
29.81 |
Q3 |
318.27 |
273.50 |
15.69 |
29.08 |
Q4 |
2017 |
||||
316.31 |
274.09 |
14.73 |
27.49 |
Q1 |
315.10 |
274.46 |
14.43 |
26.22 |
Q2 |
313.10 |
263.14 |
20.69 |
29.26 |
Q3 |
317.66 |
255.52 |
32.12 |
30.03 |
Q4 |
2018 |
||||
315.35 |
254.79 |
31.92 |
28.65 |
Q1 |
316.83 |
257.48 |
31.74 |
27.61 |
Q2 |
328.04 |
269.59 |
31.70 |
26.74 |
Q3 |
321.29 |
259.23 |
34.00 |
28.06 |
Q4 |
2019 |
||||
319.25 |
258.71 |
33.38 |
27.16 |
Q1 |
318.88 |
260.03 |
32.70 |
26.15 |
Q2 |
322.31 |
264.56 |
32.17 |
25.58 |
Q3 |
333.44 |
275.45 |
32.34 |
25.65 |
Q4 |
2020 |
||||
335.65 |
277.14 |
32.81 |
25.70 |
Q1 |
335.77 |
277.52 |
32.98 |
25.27 |
Q2 |
Credit card loans advanced 20% YoY to stand at SAR 20.08 billion in the second quarter.
Credit Card Loans (SAR bln) |
|
Total |
Period |
2016 |
|
10.33 |
Q1 |
10.34 |
Q2 |
11.41 |
Q3 |
10.96 |
Q4 |
2017 |
|
10.43 |
Q1 |
10.65 |
Q2 |
11.56 |
Q3 |
12.09 |
Q4 |
2018 |
|
12.71 |
Q1 |
14.02 |
Q2 |
14.95 |
Q3 |
15.33 |
Q4 |
2019 |
|
15.63 |
Q1 |
16.72 |
Q2 |
18.28 |
Q3 |
19.05 |
Q4 |
2020 |
|
20.29 |
Q1 |
20.08 |
Q2 |
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