AI Summary
Saudi bank loans granted to the public and private sectors increased 16% by the end of October 2020 to SAR 1.806 trillion, from SAR 1.562 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also rose 15% year-on-year (YoY) to SAR 1.736 trillion for the same month from SAR 1.507 trillion a year earlier.
Meanwhile, the value of loans given to the non-financial governmental institutions levelled up 28% YoY to SAR 70.4 billion by the end of October.
|
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 |
1736 |
+15% |
|
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 |
70.4 |
+28% |
|
November |
57.8 |
-- |
-- |
|
December |
61.6 |
-- |
-- |
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: