Saudi bank loans to public, private sectors rise 15% to SAR 1.789 trln in September 2020

02/11/2020 Argaam Special


Saudi bank loans granted to the public and private sectors increased 15% year-on-year (YoY) by the end of September 2020 to SAR 1.789 trillion, from SAR 1.554 trillion a year earlier, according to data issued by the Saudi Arabian Monetary Authority (SAMA).

 

Private sector lending also rose 15% YoY to SAR 1.724 trillion for the same month from SAR 1.499 trillion a year earlier.

 

Meanwhile, the value of loans given to the non-financial governmental institutions levelled up 18% YoY to SAR 65.9 billion by the end of September when compared to the same period last year.

 

Loans to Private Sector (SAR bln)

Month

2019

2020

Variation

January

1442

1565

+9%

February

1453

1593

+10%

March

1461

1633

+12%

April

1469

1648

+12%

May

1486

1649

+11%

June

1477

1672

+13%

July

1485

1685

+13%

August

1487

1700

+14%

September

1499

1724

+15%

October

1507

--

--

November

1528

--

--

December

1547

--

--

 

 

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

65.9

+18%

October

55.1

--

--

November

57.8

--

--

December

61.6

--

--

 

 

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