Saudi bank loans granted to the public and private sectors increased 15% year-on-year (YoY) by the end of October 2020 to SAR 1.776 trillion compared to SAR 1.544 trillion a year earlier, according to data issued by the Saudi Arabian Monetary Authority (SAMA).
Private sector lending also rose 14% YoY to SAR 1.7 trillion for the same month.
|
Loans to Private Sector (SAR trln) |
|||
|
Month |
2019 |
2020 |
Variation |
|
January |
1.442 |
1.565 |
+9% |
|
February |
1.453 |
1.593 |
+10% |
|
March |
1.461 |
1.633 |
+12% |
|
April |
1.469 |
1.648 |
+12% |
|
May |
1.486 |
1.649 |
+11% |
|
June |
1.477 |
1.672 |
+13% |
|
July |
1.485 |
1.685 |
+13% |
|
August |
1.487 |
1.700 |
+14% |
|
September |
1.499 |
-- |
-- |
|
October |
1.507 |
-- |
-- |
|
November |
1.528 |
-- |
-- |
|
December |
1.547 |
-- |
-- |
Meanwhile, the value of loans given to the public sector jumped 34% YoY to SAR 76.6 billion by the end of August.
|
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 |
-- |
-- |
|
October |
55.1 |
-- |
-- |
|
November |
57.8 |
-- |
-- |
|
December |
61.6 |
-- |
-- |
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