AI Summary
The Kingdom of Saudi Arabia's flag
Credit facilities extended to micro, small, and medium enterprises (MSMEs) grew 36% year-on-year (YoY) to SAR 446.9 billion in Q3 2025, data from the Saudi Central Bank (SAMA) showed.
Medium-sized enterprises topped the total amount of credit facilities with approximately SAR 219.7 billion, small enterprises with about SAR 161.6 billion, and micro enterprises with SAR 65.6 billion, the data showed.
In Saudi Arabia, medium-sized enterprises are classified as those with annual revenues between SAR 40 million and SAR 200 million or employing 50 to 249 on rolls.
Small enterprises are those generating annual revenues between SAR 3 million and SAR 40 million and employing between 6 and 49 people.
Micro enterprises generate annual revenues of less than SAR 3 million and have less than five employees.
|
Credit Facilities to MSMEs (SAR bln) |
|||
|
Period |
2024 |
2025 |
Change |
|
Q1 |
293.4 |
383.2 |
+31% |
|
Q2 |
307.4 |
420.7 |
+37% |
|
Q3 |
329.2 |
446.9 |
+36% |
|
Q4 |
351.7 |
-- |
-- |
The financing offered by the banking sector reached SAR 427.7 billion, representing 96% of the total facilities. Meanwhile, the financing institutions offered SAR 19.2 billion, or 4% of the total.
|
Credit Facilities by Sector (SAR bln) |
|||
|
Period |
Banking Sector |
Financing Institutions |
Total |
|
Q1 2018 |
87.84 |
7.83 |
95.68 |
|
Q2 2018 |
93.60 |
7.66 |
101.26 |
|
Q3 2018 |
99.00 |
7.68 |
106.68 |
|
Q4 2018 |
100.76 |
7.76 |
108.52 |
|
Q1 2019 |
105.02 |
8.15 |
113.17 |
|
Q2 2019 |
105.16 |
7.87 |
113.03 |
|
Q3 2019 |
106.86 |
8.75 |
115.61 |
|
Q4 2019 |
107.97 |
9.38 |
117.35 |
|
Q1 2020 |
125.16 |
9.68 |
134.84 |
|
Q2 2020 |
147.40 |
10.64 |
158.04 |
|
Q3 2020 |
164.99 |
10.75 |
175.74 |
|
Q4 2020 |
170.35 |
11.89 |
182.24 |
|
Q1 2021 |
175.46 |
12.97 |
188.43 |
|
Q2 2021 |
184.76 |
13.46 |
198.22 |
|
Q3 2021 |
186.22 |
14.16 |
200.37 |
|
Q4 2021 |
188.59 |
14.64 |
203.23 |
|
Q1 2022 |
203.41 |
15.27 |
218.68 |
|
Q2 2022 |
205.61 |
15.39 |
221.00 |
|
Q3 2022 |
212.57 |
15.47 |
228.03 |
|
Q4 2022 |
213.23 |
16.08 |
229.30 |
|
Q1 2023 |
234.95 |
17.28 |
252.23 |
|
Q2 2023 |
245.34 |
17.31 |
262.66 |
|
Q3 2023 |
251.64 |
16.93 |
268.57 |
|
Q4 2023 |
258.30 |
17.28 |
275.58 |
|
Q1 2024 |
275.73 |
17.70 |
293.43 |
|
Q2 2024 |
289.80 |
17.61 |
307.40 |
|
Q3 2024 |
311.77 |
17.46 |
329.23 |
|
Q4 2024 |
333.50 |
18.22 |
351.72 |
|
Q1 2025 |
364.50 |
18.69 |
383.19 |
|
Q2 2025 |
402.14 |
18.58 |
420.72 |
|
Q3 2025 |
427.68 |
19.23 |
446.91 |
Medium enterprises accounted for 50% of total banking facilities, or SAR 211.8 billion, while small enterprises held around SAR 152.9 billion.
|
Credit Facilities by Banks (SAR bln) |
||||
|
Period |
Micro |
Small |
Medium |
Total |
|
Q1 2018 |
4.22 |
22.01 |
61.62 |
87.84 |
|
Q2 2018 |
3.69 |
20.82 |
69.10 |
93.60 |
|
Q3 2018 |
3.97 |
21.80 |
73.22 |
99.00 |
|
Q4 2018 |
3.70 |
22.31 |
74.76 |
100.76 |
|
Q1 2019 |
2.87 |
22.98 |
79.17 |
105.02 |
|
Q2 2019 |
2.61 |
23.11 |
79.44 |
105.16 |
|
Q3 2019 |
3.05 |
22.97 |
80.84 |
106.86 |
|
Q4 2019 |
3.53 |
23.01 |
81.44 |
107.97 |
|
Q1 2020 |
3.78 |
27.47 |
93.92 |
125.16 |
|
Q2 2020 |
5.33 |
31.28 |
110.80 |
147.40 |
|
Q3 2020 |
6.20 |
37.26 |
121.54 |
164.99 |
|
Q4 2020 |
7.18 |
39.92 |
123.26 |
170.35 |
|
Q1 2021 |
8.34 |
39.67 |
127.45 |
175.46 |
|
Q2 2021 |
8.47 |
44.18 |
132.11 |
184.76 |
|
Q3 2021 |
11.14 |
45.08 |
129.99 |
186.22 |
|
Q4 2021 |
9.37 |
50.59 |
128.64 |
188.59 |
|
Q1 2022 |
13.83 |
54.04 |
135.54 |
203.41 |
|
Q2 2022 |
14.94 |
55.78 |
134.88 |
205.61 |
|
Q3 2022 |
14.37 |
61.55 |
136.64 |
212.57 |
|
Q4 2022 |
15.18 |
65.08 |
132.97 |
213.23 |
|
Q1 2023 |
19.62 |
70.25 |
145.09 |
234.95 |
|
Q2 2023 |
20.21 |
75.70 |
149.43 |
245.34 |
|
Q3 2023 |
21.35 |
77.87 |
152.42 |
251.64 |
|
Q4 2023 |
22.32 |
84.09 |
151.89 |
258.30 |
|
Q1 2024 |
26.80 |
95.19 |
153.74 |
275.73 |
|
Q2 2024 |
31.13 |
98.26 |
160.41 |
289.80 |
|
Q3 2024 |
33.50 |
104.15 |
174.12 |
311.77 |
|
Q4 2024 |
39.60 |
113.98 |
179.93 |
333.50 |
|
Q1 2025 |
50.76 |
131.15 |
182.59 |
364.50 |
|
Q2 2025 |
57.40 |
145.78 |
198.96 |
402.14 |
|
Q3 2025 |
62.99 |
152.87 |
211.81 |
427.68 |
Small enterprises received SAR 8.7 billion of the total facilities offered by financing institutions in Q3 2025, while medium enterprises received around SAR 7.9 billion in the same period.
|
Credit Facilities by Financing Institutions (SAR bln) |
||||
|
Period |
Micro |
Small |
Medium |
Total |
|
Q1 2018 |
1.45 |
3.00 |
3.38 |
7.83 |
|
Q2 2018 |
1.37 |
2.91 |
3.38 |
7.66 |
|
Q3 2018 |
1.39 |
2.98 |
3.32 |
7.68 |
|
Q4 2018 |
1.21 |
3.21 |
3.34 |
7.76 |
|
Q1 2019 |
1.11 |
3.47 |
3.57 |
8.15 |
|
Q2 2019 |
1.07 |
3.60 |
3.20 |
7.87 |
|
Q3 2019 |
1.29 |
3.83 |
3.63 |
8.75 |
|
Q4 2019 |
1.69 |
3.81 |
3.88 |
9.38 |
|
Q1 2020 |
1.74 |
4.23 |
3.71 |
9.68 |
|
Q2 2020 |
2.03 |
4.76 |
3.85 |
10.64 |
|
Q3 2020 |
1.86 |
5.17 |
3.73 |
10.75 |
|
Q4 2020 |
2.51 |
5.18 |
4.19 |
11.89 |
|
Q1 2021 |
2.79 |
5.63 |
4.55 |
12.97 |
|
Q2 2021 |
2.70 |
6.10 |
4.66 |
13.46 |
|
Q3 2021 |
2.77 |
6.61 |
4.78 |
14.16 |
|
Q4 2021 |
2.94 |
6.77 |
4.93 |
14.64 |
|
Q1 2022 |
3.15 |
7.22 |
4.90 |
15.27 |
|
Q2 2022 |
3.17 |
7.26 |
4.97 |
15.39 |
|
Q3 2022 |
3.42 |
7.17 |
4.87 |
15.47 |
|
Q4 2022 |
3.20 |
7.54 |
5.34 |
16.08 |
|
Q1 2023 |
2.92 |
8.30 |
6.06 |
17.28 |
|
Q2 2023 |
2.95 |
8.18 |
6.19 |
17.31 |
|
Q3 2023 |
2.68 |
8.04 |
6.21 |
16.93 |
|
Q4 2023 |
2.58 |
8.19 |
6.52 |
17.28 |
|
Q1 2024 |
2.59 |
8.26 |
6.85 |
17.70 |
|
Q2 2024 |
2.57 |
8.14 |
6.90 |
17.61 |
|
Q3 2024 |
2.64 |
7.88 |
6.93 |
17.46 |
|
Q4 2024 |
2.59 |
8.27 |
7.36 |
18.22 |
|
Q1 2025 |
2.67 |
8.43 |
7.59 |
18.69 |
|
Q2 2025 |
2.71 |
8.47 |
7.41 |
18.58 |
|
Q3 2025 |
2.65 |
8.72 |
7.86 |
19.23 |
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