Saudi bank loans to public, private sectors grow 15% to SAR 1.867 trln in January 2021

04/03/2021 Argaam Special


Saudi bank loans granted to the public and private sectors increased 15% by the end of January 2021 to SAR 1.867 trillion, compared to SAR 1.622 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also rose 14% year-on-year (YoY) to SAR 1.790 trillion for the same month.

 

Meanwhile, loans granted to non-financial public sector’s institutions amounted to about SAR 77.1 billion at the end of January, an increase of 33%, compared to the same period in 2020.

 

Loans to Private Sector (SAR bln)

Month

2020

2021

Variation

January

1565

1790

+14%

February

1593

--

--

March

1633

--

--

April

1648

--

--

May

1649

--

--

June

1672

--

--

July

1685

--

--

August

1700

--

--

September

1724

--

--

October

1736

--

--

November

1755

--

--

December

1762

--

--

 

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2020

2021

Variation

January

57.9

77.1

+33%

February

57.2

--

--

March

59.4

--

--

April

60.4

--

--

May

61.0

--

--

June

62.3

--

--

July

65.2

--

--

August

76.6

--

--

September

65.9

--

--

October

70.4

--

--

November

77.3

--

--

December

79.2

--

--

 

 

For More Reports 

Comments {{getCommentCount()}}

Be the first to comment

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.

Most Read