Saudi bank loans granted to the public and private sectors increased 15% by the end of December 2020 to SAR 1.841 trillion, compared to SAR 1.608 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also rose 14% year-on-year (YoY) to SAR 1.763 trillion for the same month.

 

Meanwhile, loans granted to non-financial public sector’s institutions amounted to about SAR 79.2 billion at the end of December, an increase of 28%, compared to the same period in 2019.

 

Loans to Private Sector (SAR bln)

Month

2019

2020

Variation

January

1442

1565

+9%

February

1453

1593

+10%

March

1461

1633

+12%

April

1469

1648

+12%

May

1486

1649

+11%

June

1477

1672

+13%

July

1485

1685

+13%

August

1487

1700

+14%

September

1499

1724

+15%

October

1507

1736

+15%

November

1528

1755

+15%

December

1547

1763

+14%

 

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2019

2020

Variation

January

54.9

57.9

+5%

February

57.1

57.2

+0.1%

March

56.7

59.4

+5%

April

59.9

60.4

+1%

May

57.5

61.0

+6%

June

55.5

62.3

+12%

July

60.2

65.2

+8%

August

57.2

76.6

+34%

September

55.9

65.9

+18%

October

55.1

70.4

+28%

November

57.8

77.3

+34%

December

61.6

79.2

+28%

 

 

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