Saudi Riyals
Credit facilities extended to micro, small and medium enterprises (MSMEs) rose by 40% year-on-year (YoY) to SAR 188.4 billion in Q1 2021, data from the Saudi Central Bank (SAMA) showed.
Banks accounted for SAR 175.5 billion worth of credit facilities, or 93% of total financing. Facilities given by financing institutions stood at SAR 13 billion, or 7% of total credit facilities.
|
Facilities provided to MSMEs by banks and financing institutions (SAR bln) |
|||
|
Variation |
2021 |
2020 |
Period |
|
+40% |
188.43 |
134.84 |
Q1 |
|
-- |
-- |
158.04 |
Q2 |
|
-- |
-- |
175.74 |
Q3 |
|
-- |
-- |
182.24 |
Q4 |
|
Facilities extended to MSMEs (SAR bln) |
|||
|
Variation |
Financing Institutions |
Banks |
Period |
|
95.68 |
7.83 |
87.84 |
Q1 2018 |
|
101.26 |
7.66 |
93.60 |
Q2 2018 |
|
106.68 |
7.68 |
99.00 |
Q3 2018 |
|
108.52 |
7.76 |
100.76 |
Q4 2018 |
|
113.17 |
8.15 |
105.02 |
Q1 2019 |
|
113.03 |
7.87 |
105.16 |
Q2 2019 |
|
115.61 |
8.75 |
106.86 |
Q3 2019 |
|
117.35 |
9.38 |
107.97 |
Q4 2019 |
|
134.84 |
9.68 |
125.16 |
Q1 2020 |
|
158.04 |
10.64 |
147.40 |
Q2 2020 |
|
175.74 |
10.75 |
164.99 |
Q3 2020 |
|
182.24 |
11.89 |
170.35 |
Q4 2020 |
|
188.43 |
12.97 |
175.46 |
Q1 2021 |
Medium enterprises accounted for SAR 127.5 billion, or 73% of Saudi banks' facilities, while small enterprises share stood at around SAR 39.7 billion in the first quarter of the year.
|
Facilities Extended by Banks (SAR bln) |
||||
|
Total |
Medium |
Small |
Micro |
Enterprise |
|
87.84 |
61.62 |
22.01 |
4.22 |
Q1 2018 |
|
93.60 |
69.10 |
20.82 |
3.69 |
Q2 2018 |
|
99.00 |
73.22 |
21.80 |
3.97 |
Q3 2018 |
|
100.76 |
74.76 |
22.31 |
3.70 |
Q4 2018 |
|
105.02 |
79.17 |
22.98 |
2.87 |
Q1 2019 |
|
105.16 |
79.44 |
23.11 |
2.61 |
Q2 2019 |
|
106.86 |
80.84 |
22.97 |
3.05 |
Q3 2019 |
|
107.97 |
81.44 |
23.01 |
3.53 |
Q4 2019 |
|
125.16 |
93.92 |
27.47 |
3.78 |
Q1 2020 |
|
147.40 |
110.80 |
31.28 |
5.33 |
Q2 2020 |
|
164.99 |
121.54 |
37.26 |
6.20 |
Q3 2020 |
|
170.35 |
123.26 |
39.92 |
7.18 |
Q4 2020 |
|
175.46 |
127.45 |
39.67 |
8.34 |
Q1 2021 |
Small enterprises accounted for SAR 5.63 billion of financing institutions' facilities, with medium enterprises representing around SAR 4.55 billion in the same period.
|
Facilities Extended by Financing Institutions (SAR bln) |
||||
|
Total |
Medium |
Small |
Micro |
Enterprise |
|
7.83 |
3.38 |
3.00 |
1.45 |
Q1 2018 |
|
7.66 |
3.38 |
2.91 |
1.37 |
Q2 2018 |
|
7.68 |
3.32 |
2.98 |
1.39 |
Q3 2018 |
|
7.76 |
3.34 |
3.21 |
1.21 |
Q4 2018 |
|
8.15 |
3.57 |
3.47 |
1.11 |
Q1 2019 |
|
7.87 |
3.20 |
3.60 |
1.07 |
Q2 2019 |
|
8.75 |
3.63 |
3.83 |
1.29 |
Q3 2019 |
|
9.38 |
3.88 |
3.81 |
1.69 |
Q4 2019 |
|
9.68 |
3.71 |
4.23 |
1.74 |
Q1 2020 |
|
10.64 |
3.85 |
4.76 |
2.03 |
Q2 2020 |
|
10.75 |
3.73 |
5.17 |
1.86 |
Q3 2020 |
|
11.89 |
4.19 |
5.18 |
2.51 |
Q4 2020 |
|
12.97 |
4.55 |
5.63 |
2.79 |
Q1 2021 |
For more data, visit Argaam Tools
Comments
{{DisplayName}}
{{ElapsedTime}}