SAMA’s Assets down to SAR 2824bn in September 2014

03/11/2014 Argaam

The Saudi Arabian Monetary Agency’s (SAMA), the Saudi Central Bank, assets declined to SAR 2824bn in September 2014, SAR 16bn decrease compared to August 2014.
 

SAMA’s September 2014’s assets rose SAR 163bn compared to its September 2013’s figure; according to SAMA’s monthly news letter released today.
 

SAMA's Assets in 2014

Change (SAR billion)

 (SAR billion)

Month

+42

2781

January 2014

(4)

2777

February 2014

+5

2782

March 2014

+7

2789

April 2014

+14

2803

May 2014

(8)

2795

June 2014

+6

2801

July 2014

+39

2840

August 2014

(16)

2824

September 2014

 


SAMA’s investments in foreign securities, which represent more than 70% of its assets, rose for the 56th consecutive month to SAR 2080bn by the end of September 2014, an 8% increase compared to the same month in 2013.
 

The following table illustrates SAMA’s assets details in September 2014:
 

SAMA's Assets for September 2014 (SAR billion)

Change

2014

2013

Period

+12%

219.8

197.1

Foreign currency and gold

(12%)

29.2

33.1

Cash on hand

(2%)

470.2

479.5

Deposits at foreign banks

+8%

2079.8

1933.6

Securities investments abroad

+42%

24.7

17.4

Other assets

+6%

2823.7

2660.7

Total

 

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