Loans to private, non-financial govt entities up to SAR 2.5 trln in July

30/08/2023 Argaam Special
Saudi Arabian banknotes

Saudi Arabian banknotes


Saudi bank loans granted to non-financial government institutions and private sector rose 10% by the end of July to SAR 2.56 trillion, compared to nearly SAR 2.32 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also increased by 10% year-on-year (YoY) to SAR 2.43 trillion for the same month.

 

Meanwhile, loans granted to public non-financial institutions jumped 21% YoY to about SAR 133.9 billion by the end of July.

 

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

2,355

+10%

April

2,153

2,361

+10%

May

2,169

2,392

+10%

June

2,206

2,417

+10%

July

2,213

2,434

+10%

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

130.0

+35%

April

96.7

130.6

+35%

May

95.0

134.6

+42%

June

102.1

131.4

+29%

July

111.1

133.9

+21%

August

117.1

--

--

September

120.2

--

--

October

121.1

--

--

November

125.5

--

--

December

127.9

--

--

 
 

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