Saudi bank loans to public, private sectors hit SAR 1.52 trln in May

03/07/2019 Argaam Special

 

Saudi bank loans granted to the public and private sectors rose 3 percent by May-end to SAR 1.52 trillion compared to SAR 1.47 trillion a year earlier, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

 

Private sector lending also edged up 3 percent year-on-year (YoY) to SAR 1.474 trillion for the same month.

 

Meanwhile, the value of loans given to the public sector increased 10 percent YoY to SAR 50.2 billion in May.

 

Loans to Private Sector (SAR trln)

Month

2018

2019

Variation

January

1.397

1.431

+2%

February

1.399

1.442

+3%

March

1.407

1.450

+3%

April

1.428

1.457

+2%

May

1.428

1.474

+3%

June

1.427

--

--

July

1.431

--

--

August

1.441

--

--

September

1.442

--

--

October

1.446

--

--

November

1.448

--

--

December

1.435

--

--

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2018

2019

Variation

January

46.0

48.3

+5%

February

45.5

50.4

+11%

March

42.2

49.7

+18%

April

36.8

52.9

+44%

May

45.6

50.2

+10%

June

44.1

--

--

July

45.0

--

--

August

47.4

--

--

September

48.5

--

--

October

48.4

--

--

November

47.5

--

--

December

47.1

--

--

 

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