The Saudi Arabian Monetary Authority (SAMA), the kingdom’s central bank, said that the number of finance firms operating in Saudi Arabia by the end of 2017 reached 37 firms, compared to 34 in 2016.
The combined capital of the 37 firms stood at around SAR 14.5 billion, out of which the home-mortgage-focused firms accounted for SAR 4.1 billion, the central bank data showed.
The combined assets of the said firms dropped 0.8 percent year-on-year (YoY) to SAR 38.2 billion in 2017. While total loans granted by them fell to around SAR 50 billion, of which 29 percent was on account of home mortgage and 71 percent non-mortgage financing.
|
Saudi Arabia’s Licensed Finance Firms (2017) |
||
|
Number |
Company |
Paid-in Capital (SAR mln) |
|
Non-banking finance firms |
||
|
1 |
Amlak International |
903 |
|
2 |
Dar Al Tamleek |
508.7 |
|
3 |
Saudi Home Loans |
1000 |
|
4 |
Deutsche Gulf Finance |
575 |
|
5 |
Abdul Latif Jameel Real Estate Finance |
200 |
|
6 |
Bidaya Home Finance |
900 |
|
Real estate refinancing companies |
||
|
7 |
SRC |
1500 |
|
Very small activities financing companies |
||
|
8 |
Bab Rizq Jameel |
100 |
|
Remaining companies |
||
|
9 |
Nayifat |
635 |
|
10 |
Saudi ORIX |
550 |
|
11 |
Al Yusr |
500 |
|
12 |
AJIL Financial Services |
500 |
|
13 |
NFC |
250 |
|
14 |
MMFCO |
212 |
|
15 |
Kirnaf Finance |
600 |
|
16 |
Matager |
150 |
|
17 |
Al Jasriah |
150 |
|
18 |
Saudi Finance Co. |
100 |
|
19 |
Abdul Latif Jameel Finance |
1700 |
|
20 |
Gulf Finance |
100 |
|
21 |
Tamwily |
100 |
|
22 |
Al Amthal Financing |
330 |
|
23 |
Osoul Medern |
100 |
|
24 |
Dar Al Etiman Al Saudi |
100 |
|
25 |
Tawkelat Financing |
100 |
|
26 |
Murabaha Finance |
320 |
|
27 |
Tayseer |
400 |
|
28 |
Ijarah |
100 |
|
29 |
Saudi Fransi for Finance Leasing |
500 |
|
30 |
Tamweel Aloula |
250 |
|
31 |
American Express |
100 |
|
32 |
Aljabr Financing |
345 |
|
33 |
AlRaedah Finance |
150 |
|
34 |
Raya Financing |
100 |
|
35 |
Maalem Financing |
150 |
|
36 |
Taajeer Finance |
100 |
|
37 |
Gulf Lifting Financial Leasing |
100 |
|
Total |
|
14478.7 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}