Saudi bank loans to public, private sectors grow 15% to SAR 1.867 trln in January 2021

04/03/2021 Argaam Special


Saudi bank loans granted to the public and private sectors increased 15% by the end of January 2021 to SAR 1.867 trillion, compared to SAR 1.622 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

Private sector lending also rose 14% year-on-year (YoY) to SAR 1.790 trillion for the same month.

Meanwhile, loans granted to non-financial public sector’s institutions amounted to about SAR 77.1 billion at the end of January, an increase of 33%, compared to the same period in 2020.

Loans to Private Sector (SAR bln)

Month

2020

2021

Variation

January

1565

1790

+14%

February

1593

--

--

March

1633

--

--

April

1648

--

--

May

1649

--

--

June

1672

--

--

July

1685

--

--

August

1700

--

--

September

1724

--

--

October

1736

--

--

November

1755

--

--

December

1762

--

--

Loans to Public Non-Financial Institutions (SAR bln)

Month

2020

2021

Variation

January

57.9

77.1

+33%

February

57.2

--

--

March

59.4

--

--

April

60.4

--

--

May

61.0

--

--

June

62.3

--

--

July

65.2

--

--

August

76.6

--

--

September

65.9

--

--

October

70.4

--

--

November

77.3

--

--

December

79.2

--

--


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