Bank loans issued to Saudi Arabia’s private sector and public, non-financial institutions slipped 1 percent year-on-year (YoY) to SAR 1.47 trillion in October, according to monthly figures released by the Saudi Arabian Monetary Authority (SAMA), the Kingdom’s central bank.
Lending to the private sector edged down 1 percent YoY to SAR 1.19 trillion for the same period.
Loans to Private Sector (SAR trln) |
|||
Month |
2016 |
2017 |
Variation |
January |
1.384 |
1.409 |
+2% |
February |
1.405 |
1.410 |
+0.4% |
March |
1.417 |
1.415 |
(0.1%) |
April |
1.422 |
1.417 |
(0.4%) |
May |
1.433 |
1.422 |
(1%) |
June |
1.439 |
1.419 |
(1%) |
July |
1.435 |
1.417 |
(1%) |
August |
1.437 |
1.422 |
(1%) |
September |
1.435 |
1.415 |
(1%) |
October |
1.437 |
1.419 |
(1%) |
November |
1.423 |
-- |
-- |
December |
1.405 |
-- |
-- |
Meanwhile, loans to public, non-financial institutions fell 8 percent YoY to SAR SAR 47.03 billion.
Loans to Public Non-Financial Institutions (SAR bln) |
|||
Month |
2016 |
2017 |
Variation |
January |
38.0 |
40.8 |
+7% |
February |
41.2 |
41.5 |
+1% |
March |
40.5 |
45.7 |
+13% |
April |
46.5 |
48.3 |
+4% |
May |
47.1 |
50.1 |
+6% |
June |
47.8 |
46.9 |
(2%) |
July |
44.8 |
50.9 |
+14% |
August |
47.9 |
49.2 |
+3% |
September |
47.4 |
46.6 |
(2%) |
October |
51.3 |
47.0 |
(8%) |
November |
51.0 |
-- |
-- |
December |
49.0 |
-- |
-- |
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