Bank loans issued to Saudi Arabia’s private sector and public, non-financial institutions slipped 1 percent year-on-year (YoY) to SAR 1.44 trillion in December 2017, according to monthly figures released by the Saudi Arabian Monetary Authority (SAMA).
Lending to the private sector edged down 1 percent YoY to SAR 1.39 trillion from a year earlier.
|
Loans to Private Sector (SAR trln) |
|||
|
Month |
2016 |
2017 |
Variation |
|
January |
1.384 |
1.409 |
+2% |
|
February |
1.405 |
1.410 |
+0.4% |
|
March |
1.417 |
1.415 |
(0.1%) |
|
April |
1.422 |
1.417 |
(0.4%) |
|
May |
1.433 |
1.422 |
(1%) |
|
June |
1.439 |
1.419 |
(1%) |
|
July |
1.435 |
1.417 |
(1%) |
|
August |
1.437 |
1.422 |
(1%) |
|
September |
1.435 |
1.415 |
(1%) |
|
October |
1.437 |
1.419 |
(1%) |
|
November |
1.423 |
1.415 |
(1%) |
|
December |
1.405 |
1.394 |
(1%) |
Meanwhile, loans to public, non-financial institutions dropped 5 percent YoY to SAR 46.7 billion in December.
|
Loans to Public Non-Financial Institutions (SAR bln) |
|||
|
Month |
2016 |
2017 |
Variation |
|
January |
38.0 |
40.8 |
+7% |
|
February |
41.2 |
41.5 |
+1% |
|
March |
40.5 |
45.7 |
+13% |
|
April |
46.5 |
48.3 |
+4% |
|
May |
47.1 |
50.1 |
+6% |
|
June |
47.8 |
46.9 |
(2%) |
|
July |
44.8 |
50.9 |
+14% |
|
August |
47.9 |
49.2 |
+3% |
|
September |
47.4 |
46.6 |
(2%) |
|
October |
51.3 |
47.0 |
(8%) |
|
November |
51.0 |
47.8 |
(6%) |
|
December |
49.0 |
46.7 |
(5%) |
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