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Saudi bank loans to public, private sectors rise 16% to SAR 2.117 trln in November
AI Summary
Saudi Arabian banknotes
Saudi bank loans granted to the public and private sectors increased 16% by the end of November to SAR 2.117 trillion, compared to SAR 1.832 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also rose 15% year-on-year (YoY) to SAR 2.023 trillion for the same month.
Meanwhile, loans granted to public non-financial institutions amounted to about SAR 94.6 billion at the end of November, an increase of 22%, compared to the same period in 2020.
|
Loans to Private Sector (SAR bln) |
|||
|
Month |
2020 |
2021 |
Variation |
|
January |
1565 |
1790 |
+14% |
|
February |
1593 |
1826 |
+15% |
|
March |
1633 |
1872 |
+15% |
|
April |
1648 |
1884 |
+14% |
|
May |
1649 |
1904 |
+15% |
|
June |
1672 |
1934 |
+16% |
|
July |
1685 |
1945 |
+15% |
|
August |
1700 |
1956 |
+15% |
|
September |
1724 |
1986 |
+15% |
|
October |
1736 |
2010 |
+16% |
|
November |
1755 |
2023 |
+15% |
|
December |
1762 |
-- |
-- |
|
Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Month |
2020 |
2021 |
Variation |
|
January |
57.9 |
77.1 |
+33% |
|
February |
57.2 |
71.7 |
+25% |
|
March |
59.4 |
71.6 |
+21% |
|
April |
60.4 |
80.9 |
+34% |
|
May |
61.0 |
81.9 |
+34% |
|
June |
62.3 |
88.3 |
+42% |
|
July |
65.2 |
88.4 |
+36% |
|
August |
76.6 |
93.1 |
+21% |
|
September |
65.9 |
91.6 |
+39% |
|
October |
70.4 |
72.5 |
+3% |
|
November |
77.3 |
94.6 |
+22% |
|
December |
79.2 |
-- |
-- |
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