Bank loans issued to Saudi Arabia’s private sector and public, non-financial institutions slipped 1 percent year-on-year (YoY) to SAR 1.47 trillion in May, according to monthly figures released by the Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank.
Lending to the private sector edged down 1 percent YoY to SAR 1.42 trillion for the same period.
Loans to private sector (SAR trln) |
|||
Month |
2016 |
2017 |
Variance |
January |
1.384 |
1.409 |
+2% |
February |
1.405 |
1.410 |
+0.4% |
March |
1.417 |
1.415 |
(0.1%) |
April |
1.422 |
1.417 |
(0.4%) |
May |
1.433 |
1.422 |
(1%) |
June |
1.439 |
-- |
-- |
July |
1.435 |
-- |
-- |
August |
1.437 |
-- |
-- |
September |
1.435 |
-- |
-- |
October |
1.437 |
-- |
-- |
November |
1.423 |
-- |
-- |
December |
1.406 |
-- |
-- |
Loans to public, non-financial institutions rose 6 percent YoY to SAR SAR 50.1 billion.
Loans to public non-financial institutions (SAR bln) |
|||
Month |
2016 |
2017 |
Variance |
January |
38.0 |
40.8 |
+7% |
February |
41.2 |
41.5 |
+1% |
March |
40.5 |
45.7 |
+13% |
April |
46.5 |
48.3 |
+4% |
May |
47.1 |
50.1 |
+6% |
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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