Saudi Arabian banknotes
Credit facilities extended to micro, small and medium enterprises (MSMEs) rose by 14% to SAR 200.4 billion in Q3 2021, from SAR 175.7 billion in Q3 2020, data from the Saudi Central Bank (SAMA) showed.
Accordingly, the value of the facilities provided to MSMEs exceeds SAR 200 billion for the first time since start of publishing data by SAMA.
Banks accounted for SAR 186.2 billion worth of credit facilities, or 93% of total financing. Facilities given by financing institutions stood at SAR 14.2 billion, or 7% of total credit facilities.
Facilities provided to MSMEs by banks, and financing institutions (SAR bln) |
|||
Variation |
2021 |
2020 |
Period |
+40% |
188.43 |
134.84 |
Q1 |
+25% |
198.22 |
158.04 |
Q2 |
+14% |
200.37 |
175.74 |
Q3 |
-- |
-- |
182.24 |
Q4 |
Facilities extended to MSMEs (SAR bln) |
|||
Variation |
Financing Institutions |
Banks |
Period |
95.68 |
7.83 |
87.84 |
Q1 2018 |
101.26 |
7.66 |
93.60 |
Q2 2018 |
106.68 |
7.68 |
99.00 |
Q3 2018 |
108.52 |
7.76 |
100.76 |
Q4 2018 |
113.17 |
8.15 |
105.02 |
Q1 2019 |
113.03 |
7.87 |
105.16 |
Q2 2019 |
115.61 |
8.75 |
106.86 |
Q3 2019 |
117.35 |
9.38 |
107.97 |
Q4 2019 |
134.84 |
9.68 |
125.16 |
Q1 2020 |
158.04 |
10.64 |
147.40 |
Q2 2020 |
175.74 |
10.75 |
164.99 |
Q3 2020 |
182.24 |
11.89 |
170.35 |
Q4 2020 |
188.43 |
12.97 |
175.46 |
Q1 2021 |
198.22 |
13.46 |
184.76 |
Q2 2021 |
200.37 |
14.16 |
186.22 |
Q3 2021 |
Medium enterprises accounted for SAR 130 billion, or 70% of Saudi banks' facilities, while small enterprises held around SAR 45.1 billion in the third quarter of the year.
Facilities Extended by Banks (SAR bln) |
||||
Total |
Medium |
Small |
Micro |
Enterprise |
87.84 |
61.62 |
22.01 |
4.22 |
Q1 2018 |
93.60 |
69.10 |
20.82 |
3.69 |
Q2 2018 |
99.00 |
73.22 |
21.80 |
3.97 |
Q3 2018 |
100.76 |
74.76 |
22.31 |
3.70 |
Q4 2018 |
105.02 |
79.17 |
22.98 |
2.87 |
Q1 2019 |
105.16 |
79.44 |
23.11 |
2.61 |
Q2 2019 |
106.86 |
80.84 |
22.97 |
3.05 |
Q3 2019 |
107.97 |
81.44 |
23.01 |
3.53 |
Q4 2019 |
125.16 |
93.92 |
27.47 |
3.78 |
Q1 2020 |
147.40 |
110.80 |
31.28 |
5.33 |
Q2 2020 |
164.99 |
121.54 |
37.26 |
6.20 |
Q3 2020 |
170.35 |
123.26 |
39.92 |
7.18 |
Q4 2020 |
175.46 |
127.45 |
39.67 |
8.34 |
Q1 2021 |
184.76 |
132.11 |
44.18 |
8.47 |
Q3 2021 |
186.22 |
129.99 |
45.08 |
11.14 |
Q3 2021 |
Small enterprises accounted for SAR 6.61 billion of financing institutions' facilities, with medium enterprises representing around SAR 4.78 billion in the same period.
Facilities Extended by Financing Institutions (SAR bln) |
||||
Total |
Medium |
Small |
Micro |
Enterprise |
7.83 |
3.38 |
3.00 |
1.45 |
Q1 2018 |
7.66 |
3.38 |
2.91 |
1.37 |
Q2 2018 |
7.68 |
3.32 |
2.98 |
1.39 |
Q3 2018 |
7.76 |
3.34 |
3.21 |
1.21 |
Q4 2018 |
8.15 |
3.57 |
3.47 |
1.11 |
Q1 2019 |
7.87 |
3.20 |
3.60 |
1.07 |
Q2 2019 |
8.75 |
3.63 |
3.83 |
1.29 |
Q3 2019 |
9.38 |
3.88 |
3.81 |
1.69 |
Q4 2019 |
9.68 |
3.71 |
4.23 |
1.74 |
Q1 2020 |
10.64 |
3.85 |
4.76 |
2.03 |
Q2 2020 |
10.75 |
3.73 |
5.17 |
1.86 |
Q3 2020 |
11.89 |
4.19 |
5.18 |
2.51 |
Q4 2020 |
12.97 |
4.55 |
5.63 |
2.79 |
Q1 2021 |
13.46 |
4.66 |
6.10 |
2.70 |
Q2 2021 |
14.16 |
4.78 |
6.61 |
2.77 |
Q3 2021 |
Details and historical data of banks' key indicators and comparisons
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}