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 |
-- |
-- |
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