Saudi bank loans to public and private sectors hit SAR 1.47 trln in July

04/09/2018 Argaam Special

 

Bank loans issued to Saudi Arabia’s public and private sectors reached SAR 1.476 trillion by the end of July, compared to SAR 1.467 trillion in the year-earlier period, new figures from the Kingdom’s central bank revealed.

 

Private sector lending rose by one percent year-on-year (YoY) to SAR 1.432 trillion during the month.

 

Meanwhile, the value of loans issued to the public sector decreased 12 percent YoY to SAR 45 billion in July.

 

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

1.428

+1%

May

1.422

1.428

+0.5%

June

1.419

1.427

+0.6%

July

1.417

1.431

+1%

August

1.422

--

--

September

1.415

--

--

October

14.19

--

--

November

14.15

--

--

December

1.394

--

--

 

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

36.8

(24%)

May

50.1

45.6

(9%)

June

46.9

44.1

(6%)

July

50.9

45.0

(12%)

August

49.2

--

--

September

46.6

--

--

October

47.0

--

--

November

47.8

--

--

December

46.7

--

--

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