AI Summary
Saudi bank loans granted to the public and private sectors rose 3 percent by the end of July 2019 to around SAR 1.54 trillion compared to SAR 1.49 trillion a year earlier, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Private sector lending also grew by 3 percent year-on-year (YoY) to SAR 1.48 trillion for the same month.
|
Loans to Private Sector (SAR trln)* |
|||
|
Month |
2018 |
2019 |
Variation |
|
January |
1.408 |
1.442 |
+2% |
|
February |
1.410 |
1.453 |
+3% |
|
March |
1.417 |
1.461 |
+3% |
|
April |
1.438 |
1.469 |
+2% |
|
May |
1.438 |
1.486 |
+3% |
|
June |
1.437 |
1.477 |
+3% |
|
July |
1.441 |
1.485 |
+3% |
|
August |
1.452 |
-- |
-- |
|
September |
1.452 |
-- |
-- |
|
October |
1.457 |
-- |
-- |
|
November |
1.458 |
-- |
-- |
|
December |
1.445 |
-- |
-- |
*Updated values for all months
Meanwhile, the value of loans given to the public sector jumped 16 percent YoY to SAR 60.2 billion in July.
|
Loans to Public Non-Financial Institutions (SAR bln)* |
|||
|
Month |
2018 |
2019 |
Variation |
|
January |
53.1 |
54.9 |
+3% |
|
February |
52.6 |
57.1 |
+9% |
|
March |
49.9 |
56.7 |
+14% |
|
April |
44.1 |
59.9 |
+36% |
|
May |
52.8 |
57.5 |
+9% |
|
June |
51.1 |
55.5 |
+9% |
|
July |
52.0 |
60.2 |
+16% |
|
August |
53.8 |
-- |
-- |
|
September |
55.3 |
-- |
-- |
|
October |
55.2 |
-- |
-- |
|
November |
54.2 |
-- |
-- |
|
December |
53.8 |
-- |
-- |
*Updated values for all months.
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