Saudi bank loans to public, private sectors grow 15% to SAR 2.230 trln in March

03/05/2022 Argaam Special

Saudi Arabian banknotes


Saudi bank loans granted to the public and private sectors rose 15% by the end of March to SAR 2.230 trillion, compared to SAR 1.943 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

Private sector lending also grew by 14% year-on-year (YoY) to SAR 2.134 trillion for the same month.

Meanwhile, loans granted to public non-financial institutions amounted to about SAR 96.2 billion in March, up 34% from March 2021.

Loans to Private Sector (SAR bln)

Month

2021

2022

Change

January

1790

2055

+15%

February

1826

2090

+14%

March

1872

2134

+14%

April

1884

--

--

May

1904

--

--

June

1934

--

--

July

1945

--

--

August

1956

--

--

September

1986

--

--

October

2010

--

--

November

2023

--

--

December

2034

--

--

Loans to Public Non-Financial 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

--

--

May

81.9

--

--

June

88.3

--

--

July

88.4

--

--

August

93.1

--

--

September

91.6

--

--

October

72.5

--

--

November

94.6

--

--

December

95.1

--

--

Details and Historical Data of Banks' Key Indicators


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