Loans to private, non-financial govt entities up to SAR 2.5 trln in July

30/08/2023 Argaam Special

Loans to private, non-financial govt entities up to SAR 2.5 trln in July

Saudi Arabian banknotes


Saudi bank loans granted to non-financial government institutions and private sector rose 10% by the end of July to SAR 2.56 trillion, compared to nearly SAR 2.32 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also increased by 10% year-on-year (YoY) to SAR 2.43 trillion for the same month.

 

Meanwhile, loans granted to public non-financial institutions jumped 21% YoY to about SAR 133.9 billion by the end of July.

 

Bank Loans to Private Sector (SAR bln)

Month

2022

2023

Change

January

2,055

2,300

+12%

February

2,090

2,321

+11%

March

2,134

2,355

+10%

April

2,153

2,361

+10%

May

2,169

2,392

+10%

June

2,206

2,417

+10%

July

2,213

2,434

+10%

August

2,241

--

--

September

2,264

--

--

October

2,282

--

--

November

2,296

--

--

December

2,290

--

--

 
 

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

Month

2022

2023

Change

January

94.4

135.4

+44%

February

95.2

138.2

+45%

March

96.2

130.0

+35%

April

96.7

130.6

+35%

May

95.0

134.6

+42%

June

102.1

131.4

+29%

July

111.1

133.9

+21%

August

117.1

--

--

September

120.2

--

--

October

121.1

--

--

November

125.5

--

--

December

127.9

--

--

 
 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
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.

Most Read