Saudi bank loans granted to the public and private sectors rose 3 percent year-on-year (YoY) by the end of February 2019 to SAR 1.492 trillion, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Private sector lending also grew by 3 percent YoY to SAR 1.442 trillion for the same month.
The value of loans given to the public sector jumped 11 percent YoY to SAR 50.4 billion in February.
Loans to Private Sector (SAR trln) |
|||
Month |
2018 |
2019 |
Variation |
January |
1.397 |
1.431 |
+2% |
February |
1.399 |
1.442 |
+3% |
March |
1.407 |
-- |
-- |
April |
1.428 |
-- |
-- |
May |
1.428 |
-- |
-- |
June |
1.427 |
-- |
-- |
July |
1.431 |
-- |
-- |
August |
1.441 |
-- |
-- |
September |
1.442 |
-- |
-- |
October |
1.446 |
-- |
-- |
November |
1.448 |
-- |
-- |
December |
1.435 |
-- |
-- |
Loans to Public Non-Financial Institutions (SAR bln) |
|||
Month |
2018 |
2019 |
Variation |
January |
46.0 |
48.3 |
+5% |
February |
45.5 |
50.4 |
+11% |
March |
42.2 |
-- |
-- |
April |
36.8 |
-- |
-- |
May |
45.6 |
-- |
-- |
June |
44.1 |
-- |
-- |
July |
45.0 |
-- |
-- |
August |
47.4 |
-- |
-- |
September |
48.5 |
-- |
-- |
October |
48.4 |
-- |
-- |
November |
47.5 |
-- |
-- |
December |
47.1 |
-- |
-- |
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