Saudi bank loans to public, private sectors rise 15% to SAR 2.0494 trln in August

05/10/2021 Argaam Special


Saudi bank loans granted to the public and private sectors increased 15% by the end of August 2021 to SAR 2.0494 trillion, compared to SAR 1.7762 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also rose 15% year-on-year (YoY) to SAR 1.956 trillion for the same month.

 

Meanwhile, loans granted to non-financial public sector institutions amounted to about SAR 93.1 billion at the end of August, an increase of 21%, compared to the same period in 2021.

 

Loans to Private Sector (SAR trln)

Month

2020

2021

Variation

January

1565

1790

+14%

February

1593

1826

+15%

March

1633

1872

+15%

April

1648

1884

+14%

May

1649

1904

+15%

June

1672

1934

+16%

July

1685

1945

+15%

August

1700

1956

+15%

September

1724

--

--

October

1736

--

--

November

1755

--

--

December

1762

--

--

 

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2020

2021

Variation

January

57.9

77.1

+33%

February

57.2

71.7

+25%

March

59.4

71.6

+21%

April

60.4

80.9

+34%

May

61.0

81.9

+34%

June

62.3

88.3

+42%

July

65.2

88.4

+36%

August

76.6

93.1

+21%

September

65.9

--

--

October

70.4

--

--

November

77.3

--

--

December

79.2

--

--

 

Details and Historical Data of Banks Main Indicators 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.