Real estate loans provided to individuals and corporate clients by commercial banks in Saudi Arabia grew by 17 percent year-on-year (YoY) to around SAR 253.6 billion in Q1 2019.

 

Data from the Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank, showed that the total real estate loans to individuals rose by 22 percent YoY to SAR 153 billion. 

 

Meanwhile, the total real estate loans to corporate clients increased by around 10 percent YoY to SAR 100.7 billion.

 

Real Estate Loans (SAR bln)

Total

Corporate

Retail

Period

2013

93.83

35.62

58.20

Q1

107.45

43.43

64.02

Q2

108.82

42.27

66.54

Q3

115.57

44.92

70.65

Q4

2014

124.60

47.53

77.07

Q1

138.77

54.10

84.67

Q2

149.15

60.38

88.77

Q3

155.75

61.19

94.56

Q4

2015

161.73

65.84

95.88

Q1

166.90

68.45

98.45

Q2

171.57

71.02

100.55

Q3

185.30

82.80

102.50

Q4

2016

188.53

82.24

106.29

Q1

187.05

78.63

108.42

Q2

197.59

88.10

109.48

Q3

200.40

89.92

110.48

Q4

2017

204.66

93.05

111.60

Q1

211.87

96.85

115.02

Q2

213.09

95.39

117.70

Q3

211.50

90.06

121.44

Q4

2018

217.27

91.69

125.58

Q1

216.81

88.27

128.54

Q2

228.60

95.97

132.63

Q3

240.23

98.86

141.36

Q4

253.62

100.66

152.96

Q1 2019
 

In addition to furniture and home improvement, consumer loans include car, equipment, education, healthcare travel and tourism, durable good-related loans. SAMA reported that consumer loans grew 2 percent YoY to SAR 322.1 billion in Q1.

 

Consumer Loans (SAR bln)*

Total

Others

Auto, furniture, education, healthcare and Tourism

Home improvement

Period

2013

267.77

232.44

15.79

19.53

Q1

277.13

239.97

16.58

20.59

Q2

277.01

239.17

16.77

21.07

Q3

277.64

238.23

18.11

21.30

Q4

2014

283.14

242.40

19.03

21.71

Q1

292.39

249.79

19.99

22.61

Q2

292.72

250.19

20.15

22.38

Q3

298.01

245.40

27.01

25.60

Q4

2015

298.01

255.77

16.60

25.64

Q1

300.62

258.40

16.91

25.32

Q2

300.70

249.84

15.23

35.63

Q3

307.19

254.79

15.38

37.02

Q4

2016

318.14

265.09

16.44

36.62

Q1

320.97

269.77

17.50

33.70

Q2

321.40

274.55

17.03

29.81

Q3

318.27

273.50

15.69

29.08

Q4

2017

316.31

274.09

14.73

27.49

Q1

315.10

274.46

14.43

26.22

Q2

313.56

263.60

20.70

29.26

Q3

318.35

256.21

32.12

30.03

Q4**

2018

316.27

255.71

31.92

28.65

Q1

318.32

258.97

31.74

27.61

Q2

329.50

271.06

31.70

26.74

Q3

323.26

261.21

34.00

28.06

Q4

322.09

261.56

33.38

27.16

Q1 2019

*Excluding real estate financing, financing lease and funding granted for stocks trading.

**Reclassification of some loans.

 

Credit card loans rose 23 percent to SAR 15.63 billion in the same period, compared to year-earlier period.

 

Credit Card Loans (SAR bln)

Total

Period

2013

7.83

Q1

8.34

Q2

8.60

Q3

8.51

Q4

2014

8.36

Q1

8.93

Q2

9.24

Q3

9.67

Q4

2015

9.56

Q1

9.61

Q2

10.38

Q3

10.21

Q4

2016

10.33

Q1

10.34

Q2

11.41

Q3

10.96

Q4

2017

10.43

Q1

10.65

Q2

11.56

Q3

12.09

Q4

2018

12.71

Q1

14.02

Q2

14.95

Q3

15.34

Q4

15.63

Q1 2019

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Quotes

ALRAJHI
88.90
0.30 0.34%
ALBILAD
35.95
(0.60) (1.64%)
ANB
19.18
0.06 0.31%
BJAZ
16.18
(0.06) (0.37%)
RIBL
25.55
0.00 0.00%
SAB
33.55
(0.15) (0.45%)
SAMBA
38.50
1.70 4.62%
BSF
31.10
0.10 0.32%
Alawwal
19.58
0.28 1.45%
SAIB
13.06
(0.04) (0.31%)
ALINMA
28.15
(0.10) (0.35%)
SNB
32.65
(0.20) (0.61%)


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request