Saudi bank loans reach SAR 1.48 trln in December 2018

03/02/2019 Argaam Special

 

Saudi bank loans granted to the public and private sectors rose 3 percent by December-end to SAR 1.48 trillion compared to SAR 1.44 trillion a year earlier, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

 

Private sector lending also edged up 3 percent year-on-year (YoY) to SAR 1.434 trillion for the same month.

 

Meanwhile, the value of loans given to the public sector increased 1 percent YoY to SAR 47.1 billion in December.

 

Loans to Private Sector (SAR trln)

Month

2017

2018

Variation

January

1.409

1.397

(1%)

February

1.410

1.399

(1%)

March

1.415

1.407

(1%)

April

1.417

1.428

+1%

May

1.422

1.428

+0.4%

June

1.419

1.427

+1%

July

1.417

1.431

+1%

August

1.422

1.441

+1%

September

1.415

1.442

+2%

October

1.419

1.446

+2%

November

1.415

1.448

+2%

December

1.394

1.435

+3%

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2017

2018

Variation

January

40.8

46.0

+13%

February

41.5

45.5

+10%

March

45.7

42.2

(8%)

April

48.3

36.8

(24%)

May

50.1

45.6

(9%)

June

46.9

44.1

(6%)

July

50.9

45.0

(12%)

August

49.2

47.4

(4%)

September

46.6

48.5

+4%

October

47.0

48.4

+3%

November

47.8

47.5

(1%)

December

46.7

47.1

+1%

 

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.