Saudi cbank assets down to SAR 2.62 trln in April

28/05/2015 Argaam - Exclusive

A monthly bulletin issued by the Saudi Arabian Monetary Agency (SAMA) showed that the central bank’s assets fell to SAR 2.62 trillion in April, a 36 billion drop from the previous month.

 

SAMA Assets in 2014-2015

Change (SAR bln)

Assets (SAR bln)

Month

+42

2,781

Jan.2014

(4)

2,777

Feb

+5

2,782

March

+7

2,789

April

+14

2,803

May

(8)

2,795

June

+6

2,801

July

+39

2,840

Aug

(16)

2,824

Sep

+8

2,832

Oct

(10)

2,822

Nov

(30)

2,792

Dec

(1)

2,791

Jan.2015

(78)

2,713

Feb.

(57)

2,656

March

(36)

2,620

April

 

SAMA securities abroad, which represent more than 70 percent of assets declined four percent to SAR 1.957 trillion last April, compared to the same month in 2014.

 

Assets -  April 2015 (SAR billion)

Change

2015

2014

Period

+17%

227.7

193.9

Foreign currency and gold

+48%

31.0

21.0

Cash on hand

(27%)

371.6

508.9

Deposits at foreign banks

(4%)

1,956.8

2,036.5

Securities investments abroad

+12%

32.7

29.2

Other assets

(6%)

2,619.9

2,789.4

Total

 
 

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