Saudi bank loans to public enterprises, private sector grow 14% to SAR 2.421 trln in November

01/01/2023 Argaam Special
Saudi Arabian banknotes

Saudi Arabian banknotes


Saudi bank loans granted to the non-financial public enterprises and private sector rose 14% by the end of November to SAR 2.421 trillion, compared to SAR 2.117 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also increased by 14% year-on-year (YoY) to SAR 2.295 trillion for the same month.

 

Meanwhile, loans granted to non-financial public sector enterprises jumped 33% YoY to about SAR 125.5 billion by the end of November.

 

Bank Loans to Private Sector (SAR bln)

Month

2021

2022

Change

January

1,790

2,055

+15%

February

1,826

2,090

+14%

March

1,872

2,134

+14%

April

1,884

2,153

+14%

May

1,904

2,169

+14%

June

1,934

2,206

+14%

July

1,945

2,213

+14%

August

1,956

2,241

+15%

September

1,986

2,264

+14%

October

2,010

2,282

+14%

November

2,023

2,296

+14%

December

2,034

--

--

 

 

Bank Loans to Non-Financial Public Sector Institutions (SAR bln)

Month

2021

2022

Change

January

77.1

94.4

+22%

February

71.7

95.2

+33%

March

71.6

96.2

+34%

April

80.9

96.7

+20%

May

81.9

95.0

+16%

June

88.3

102.1

+16%

July

88.4

111.1

+26%

August

93.1

117.1

+26%

September

91.6

120.2

+31%

October

72.5

121.1

+67%

November

94.6

125.5

+33%

December

95.1

--

--

 

 

Details and Historical Data of Banks' Key Indicators

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