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Loans to private, non-financial govt entities rise to SAR 2.59 trln in August
AI Summary
SAR 500 banknotes
Saudi bank loans granted to non-financial government institutions and the private sector rose 10% by the end of August to SAR 2.59 trillion, compared to nearly SAR 2.35 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also increased by 10% year-on-year (YoY) to SAR 2.45 trillion for the same month.
Meanwhile, loans granted to public non-financial institutions jumped 20% YoY to about SAR 140 billion by the end of August.
|
Bank Loans to Private Sector (SAR bln) |
|||
|
Month |
2022 |
2023 |
Change |
|
January |
2,055 |
2,300 |
+12% |
|
February |
2,090 |
2,321 |
+11% |
|
March |
2,134 |
2,355 |
+10% |
|
April |
2,153 |
2,361 |
+10% |
|
May |
2,169 |
2,392 |
+10% |
|
June |
2,206 |
2,417 |
+10% |
|
July |
2,213 |
2,434 |
+10% |
|
August |
2,241 |
2,454 |
+10% |
|
September |
2,264 |
-- |
-- |
|
October |
2,282 |
-- |
-- |
|
November |
2,296 |
-- |
-- |
|
December |
2,290 |
-- |
-- |
|
Bank Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Month |
2022 |
2023 |
Change |
|
January |
94.4 |
135.4 |
+44% |
|
February |
95.2 |
138.2 |
+45% |
|
March |
96.2 |
130.0 |
+35% |
|
April |
96.7 |
130.6 |
+35% |
|
May |
95.0 |
134.6 |
+42% |
|
June |
102.1 |
131.4 |
+29% |
|
July |
111.1 |
133.9 |
+21% |
|
August |
117.1 |
140.0 |
+20% |
|
September |
120.2 |
-- |
-- |
|
October |
121.1 |
-- |
-- |
|
November |
125.5 |
-- |
-- |
|
December |
127.9 |
-- |
-- |
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