SAMA’s Assets up to SAR 2840bn in August

24/09/2014 Argaam Special

 

The Saudi Arabian Monetary Agency’s (SAMA), the Saudi Central Bank, assets rose to SAR 2840bn in August; SAR 39bn increase compared to July 2014.

SAMA’s August 2014’s assets rose SAR 173bn compared to its August 2013’s figure; according to SAMA’s monthly news letter released today.

 

SAMA's Assets in 2014

Change(SARbillion)

(SAR billion)

Month

+42

2781

January 2014

(4)

2777

February 2014

+5

2782

March 2014

+7

2789

April 2014

+14

2803

May 2014

(8)

2795

June 2014

+6

2801

July 2014

+39

2840

August 2014

 

SAMA’s investments in foreign securities, which represent more than 70% of its assets, rose for the 55th consecutive month to SAR 2088bn by the end of August 2014, 9% increase compared to the same month in 2013.

The following table illustrates SAMA’s assets details in August 2014:

 

SAMA's Assets for August 2014 (SAR billion)

Change

2014

2013

Period

+8%

219.2

202.2

Foreigncurrencyandgold

+1%

37.8

37.4

Cashonhand

(1%)

464.8

471.1

Depositsatforeignbanks

+9%

2088.0

1922.4

Securitiesinvestmentsabroad

(9%)

30.5

33.5

Otherassets

+7%

2840.3

2666.5

Total

 

 

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