Bank loans issued to Saudi Arabia’s private sector and public non-financial institutions declined 1 percent year-on-year (YoY) to SAR 1.45 trillion in March, according to monthly figures released by the Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank.
Lending to the private sector slipped 1 percent YoY to SAR 1.407 trillion for the same period.
Loans to Private Sector (SAR trln) |
|||
Month |
2017 |
2018 |
Variation |
January |
1.409 |
1.397 |
(1%) |
February |
1.410 |
1.399 |
(1%) |
March |
1.415 |
1.407 |
(1%) |
April |
1.417 |
-- |
-- |
May |
1.422 |
-- |
-- |
June |
1.419 |
-- |
-- |
July |
1.417 |
-- |
-- |
August |
1.422 |
-- |
-- |
September |
1.415 |
-- |
-- |
October |
14.19 |
-- |
-- |
November |
14.15 |
-- |
-- |
December |
1.394 |
-- |
-- |
Meanwhile, loans to the public non-financial institutions fell 8 percent YoY to SAR 42.2 billion.
Loans to Public Non-Financial Institutions (SAR bln) |
|||
Month |
2017 |
2018 |
Variation |
January |
40.8 |
46.0 |
+13% |
February |
41.5 |
45.5 |
+10% |
March |
45.7 |
42.2 |
(8%) |
April |
48.3 |
-- |
-- |
May |
50.1 |
-- |
-- |
June |
46.9 |
-- |
-- |
July |
50.9 |
-- |
-- |
August |
49.2 |
-- |
-- |
September |
46.6 |
-- |
-- |
October |
47.0 |
-- |
-- |
November |
47.8 |
-- |
-- |
December |
46.7 |
-- |
-- |
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