Bank loans to private sector, NFGEs up 11% in April

Logo ofThe Saudi Central Bank (SAMA)

Logo of The Saudi Central Bank (SAMA)

Loans granted by Saudi banks to non-financial government entities (NFGEs) and private sector rose 11% by the end of April to SAR 2.77 trillion, compared to SAR 2.49 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

Private sector lending also increased by 11% year-on-year (YoY) to SAR 2.61 trillion for the same month.

Meanwhile, loans granted to NFGEs jumped 21% YoY to about SAR 157.7 billion by the end of April.

Bank Loans to Private Sector (SAR bln)
Period	2023	2024	Change
January	2300	2548	+11%
February	2321	2578	+11%
March	2355	2599	+10%
April	2361	2614	+11%
May	2392	--	--
June	2417	--	--
July	2434	--	--
August	2454	--	--
September	2476	--	--
October	2497	--	--
November	2521	--	--
December	2519	--	--

Bank Loans to NFGEs (SAR bln)
Period	2023	2024	Change
January	135.4	156.3	+15%
February	138.2	156.3	+13%
March	130.0	157.5	+21%
April	130.6	157.7	+21%
May	134.6	--	--
June	131.4	--	--
July	133.9	--	--
August	140.0	--	--
September	145.1	--	--
October	145.7	--	--
November	146.6	--	--
December	146.7	--	--

Argaam

International News

Argaam Emirates

Youtube

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

تعديل

Report

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

×

Bank loans to private sector, NFGEs up 11% in April

Content Summary:

Comments Analysis:

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read