Bank loans issued to Saudi Arabia’s private sector and public, non-financial institutions rose 2 percent year-on-year (YoY) to SAR 1.45 trillion in January, new figures released by the Saudi Arabian Monetary Authority (SAMA) showed.
Lending to the private sector alone rose 2 percent YoY in the same month to SAR 1.4 trillion.
Loans to private sector (SAR trln) |
|||
Month |
2016 |
2017 |
Variance |
January |
1.384 |
1.409 |
+2% |
February |
1.405 |
-- |
-- |
March |
1.417 |
-- |
-- |
April |
1.422 |
-- |
-- |
May |
1.433 |
-- |
-- |
June |
1.439 |
-- |
-- |
July |
1.435 |
-- |
-- |
August |
1.437 |
-- |
-- |
September |
1.435 |
-- |
-- |
October |
1.437 |
-- |
-- |
November |
1.423 |
-- |
-- |
December |
1.406 |
-- |
-- |
Meanwhile, loans to public, non-financial institutions rose 7 percent YoY to SAR 40.8 billion.
Loans to public non-financial institutions (SAR bln) |
|||
Month |
2016 |
2017 |
Variance |
January |
38.0 |
40.8 |
+7% |
February |
41.2 |
-- |
-- |
March |
40.5 |
-- |
-- |
April |
46.5 |
-- |
-- |
May |
47.1 |
-- |
-- |
June |
47.8 |
-- |
-- |
July |
44.8 |
-- |
-- |
August |
47.9 |
-- |
-- |
September |
47.4 |
-- |
-- |
October |
51.3 |
-- |
-- |
November |
51.0 |
-- |
-- |
December |
49.0 |
-- |
-- |
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