Bank loans to public, private sectors up 13% in February

02/04/2023 Argaam Special
Saudi Arabian banknotes

Saudi Arabian banknotes


Saudi bank loans granted to public and private sectors rose 13% by the end of February to SAR 2.459 trillion, compared to SAR 2.18 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also increased by 11% year-on-year (YoY) to SAR 2.3 trillion for the same month.

 

Meanwhile, loans granted to public non-financial institutions jumped 45% YoY to about SAR 138.2 billion by the end of February.

 

Bank Loans to Private Sector (SAR bln)

Month

2022

2023

Change

January

2,055

2,300

+12%

February

2,090

2,321

+11%

March

2,134

--

--

April

2,153

--

--

May

2,169

--

--

June

2,206

--

--

July

2,213

--

--

August

2,241

--

--

September

2,264

--

--

October

2,282

--

--

November

2,296

--

--

December

2,290

--

--

 

 

Bank Loans to Public Non-Financial Institutions (SAR bln)

Month

2022

2023

Change

January

94.4

135.4

+44%

February

95.2

138.2

+45%

March

96.2

--

--

April

96.7

--

--

May

95.0

--

--

June

102.1

--

--

July

111.1

--

--

August

117.1

--

--

September

120.2

--

--

October

121.1

--

--

November

125.5

--

--

December

127.9

--

--

 

 

Details and Historical Data of Banks' KPIs

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