Saudi Arabian banknotes
Mortgages provided to individuals and corporate clients by commercial banks in Saudi Arabia increased by 15% to around SAR 922.2 billion in Q1 2025, from SAR 800.5 billion in the year-ago period.
Retail mortgages, which accounted for 76% of the total, rose 12% year-on-year (YoY) to nearly SAR 698.8 billion in Q1 2025, updated data from the Saudi Central Bank (SAMA) showed.
Meanwhile, mortgages provided to corporate clients reached about SAR 223.4 billion in Q1 2025, rising 28% YoY.
According to SAMA, consumer loans rose 6% YoY to SAR 479.8 billion during the three-month period.
Consumer loans include renovation and real estate improvement loans, car loans, as well as loans for personal transportation, education, healthcare, tourism, travel, furniture, durable goods, among others.
Credit card loans added 13% YoY to SAR 30.7 billion in the first quarter of this year.
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