Saudi private sector loans rise 9% to SAR 1.3 trln in May

07/07/2015 Argaam - Exclusive

Bank loans issued to Saudi Arabia’s private sector rose nine percent year-on-year to SAR 1.3 trillion in May, according to new figures from the Saudi Arabian Monetary Agency (SAMA), the kingdom’s central bank.

 

Loans to Private Sector (SAR bln)

Difference

2015

2014

Month

+12%

1,268

1,136

Jan.

+11%

1,278

1,148

Feb.

+10%

1,288

1,167

March

+9%

1,292

1,180

April

+9%

1,309

1,196

May

--

--

1,215

June

--

--

1,221

July

--

--

1,233

Aug.

--

--

1,252

Sep.

--

--

1,287

Oct.

--

--

1,261

Nov.

--

--

1,256

Dec.

 

The public sector accounted for SAR 98.4 billion in loans during the month, up from the SAR 97.4 billion recorded in May 2014.

 

Loans to Government Sector 2014-2015  (SAR bln)

Total

Non-financial institutions

Government

Period

96.3

44.4

51.9

Jan. 2014

96.6

44.2

52.4

Feb.

95.5

44.2

51.3

March

98.3

46.1

52.2

April

97.4

44.9

52.5

May

99.4

46.6

52.8

June

93.1

43.8

49.3

July

97.8

43.4

54.4

Aug.

94.3

40.2

54.0

Sep.

97.9

44.2

53.7

Oct.

95.3

42.8

52.4

Nov.

98.9

45.8

53.1

Dec.

96.2

43.8

52.4

Jan. 2015

97.5

43.3

54.2

Feb.

99.3

44.6

54.7

March

99.0

45.8

53.2

April

98.4

45.8

52.6

May


 

 " Argaam Reports "

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