Saudi home loans hit SAR 207 bln in Q4 2016

07/03/2017 Argaam Special

Home loans extended to individuals and corporations by commercial banks in Saudi Arabia rose 2 percent quarter-on-quarter to SAR 206.9 billion in Q4 2016, data issued by the Saudi Arabian Monetary Authority (SAMA), the kingdom’s central bank, showed.

 

Retail loans grew 1 percent QoQ to SAR 110.6 billion, while loans issued to corporations stood at SAR 96.3 billion for the same period, a sequential increase of 4 percent.

 

Real Estate Loans

Total

Corporate

Retail

Period

2015

165.14

69.58

95.56

Q1 2015

171.18

73.04

98.14

Q2 2015

175.97

75.73

100.24

Q3 2015

186.46

84.26

102.21

Q4 2015

2016

193.69

87.40

106.29

Q1 2016

191.82

83.57

108.24

Q2 2016

202.32

92.84

109.48

Q3 2016

206.87

96.29

110.58

Q4 2016

 

Consumer loans – including car, furniture and home improvement loans – declined by 1 percent QoQ to SAR 341.8 billion in Q4.

 

Consumer Loans (SAR bln)

Total

Others

Auto

Home improvement

Period

2015

314.15

255.77

32.74

25.64

Q1 2015

317.93

258.40

34.21

25.32

Q2 2015

318.97

249.84

33.50

35.63

Q3 2015

327.08

254.79

35.27

37.02

Q4 2015

2016

339.44

265.09

37.73

36.62

Q1 2016

343.07

269.77

39.60

33.70

Q2 2016

343.86

274.55

39.49

29.81

Q3 2016

341.83

273.50

39.25

29.08

Q4 2016

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