Saudi mortgage loans slip 0.2% in Q2

03/10/2018 Argaam Special

 

Mortgage loans issued to retail and corporate clients by commercial banks in Saudi Arabia edged down 0.2 percent quarter-on-quarter (QoQ) to SAR 216.8 billion in Q2 2018, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

 

Loans to retail clients rose 2 percent QoQ to SAR 128.5 billion in Q2, while corporate clients received SAR 88.3 billion worth of loans in Q2, down by 4 percent QoQ.

 

Real Estate Loans (SAR bln)

Total

Corporate

Retail

Period

2013

93.83

35.62

58.20

Q1

107.45

43.43

64.02

Q2

108.82

42.27

66.54

Q3

115.57

44.92

70.65

Q4

2014

124.60

47.53

77.07

Q1

138.77

54.10

84.67

Q2

149.15

60.38

88.77

Q3

155.75

61.19

94.56

Q4

2015

161.73

65.84

95.88

Q1

166.90

68.45

98.45

Q2

171.57

71.02

100.55

Q3

185.30

82.80

102.50

Q4

2016

188.53

82.24

106.29

Q1

187.05

78.63

108.42

Q2

197.59

88.10

109.48

Q3

200.40

89.92

110.48

Q4

2017

204.66

93.05

111.60

Q1*

211.87

96.85

115.02

Q2

213.09

95.39

117.70

Q3

211.50

90.06

121.44

Q4

2018

217.27

91.69

125.58

Q1

216.81

88.27

128.54

Q2

 

Real Estate Loans (SAR bln)

Total

Corporate

Retail

Period

2013

93.83

35.62

58.20

Q1

107.45

43.43

64.02

Q2

108.82

42.27

66.54

Q3

115.57

44.92

70.65

Q4

2014

124.60

47.53

77.07

Q1

138.77

54.10

84.67

Q2

149.15

60.38

88.77

Q3

155.75

61.19

94.56

Q4

2015

161.73

65.84

95.88

Q1

166.90

68.45

98.45

Q2

171.57

71.02

100.55

Q3

185.30

82.80

102.50

Q4

2016

188.53

82.24

106.29

Q1

187.05

78.63

108.42

Q2

197.59

88.10

109.48

Q3

200.40

89.92

110.48

Q4

2017

204.66

93.05

111.60

Q1*

211.87

96.85

115.02

Q2

213.09

95.39

117.70

Q3

211.50

90.06

121.44

Q4

2018

217.27

91.69

125.58

Q1

216.81

88.27

128.54

Q2

*Updated data.

 

Real Estate Loans (SAR bln)

Total

Corporate

Retail

Period

2013

93.83

35.62

58.20

Q1

107.45

43.43

64.02

Q2

108.82

42.27

66.54

Q3

115.57

44.92

70.65

Q4

2014

124.60

47.53

77.07

Q1

138.77

54.10

84.67

Q2

149.15

60.38

88.77

Q3

155.75

61.19

94.56

Q4

2015

161.73

65.84

95.88

Q1

166.90

68.45

98.45

Q2

171.57

71.02

100.55

Q3

185.30

82.80

102.50

Q4

2016

188.53

82.24

106.29

Q1

187.05

78.63

108.42

Q2

197.59

88.10

109.48

Q3

200.40

89.92

110.48

Q4

2017

204.66

93.05

111.60

Q1*

211.87

96.85

115.02

Q2

213.09

95.39

117.70

Q3

211.50

90.06

121.44

Q4

2018

217.27

91.69

125.58

Q1

216.81

88.27

128.54

Q2

 

Consumer loans edged up 1 percent QoQ to SAR 318.3 billion in the second quarter. They include furniture, car, travel, education and home improvement loans, among others. 

 

Consumer Loans (SAR bln)*

Total

Others

Auto, furniture, education, healthcare and Tourism

Home improvement

Period

2013

267.77

232.44

15.79

19.53

Q1

277.13

239.97

16.58

20.59

Q2

277.01

239.17

16.77

21.07

Q3

277.64

238.23

18.11

21.30

Q4

2014

283.14

242.40

19.03

21.71

Q1

292.39

249.79

19.99

22.61

Q2

292.72

250.19

20.15

22.38

Q3

298.01

245.40

27.01

25.60

Q4

2015

298.01

255.77

16.60

25.64

Q1

300.62

258.40

16.91

25.32

Q2

300.70

249.84

15.23

35.63

Q3

307.19

254.79

15.38

37.02

Q4

2016

318.14

265.09

16.44

36.62

Q1

320.97

269.77

17.50

33.70

Q2

321.40

274.55

17.03

29.81

Q3

318.27

273.50

15.69

29.08

Q4

2017

316.31

274.09

14.73

27.49

Q1

315.10

274.46

14.43

26.22

Q2

313.56

263.60

20.70

29.26

Q3

318.35

256.21

32.12

30.03

Q4

2018

316.27

255.71

31.92

28.65

Q1

318.32

258.97

31.74

27.61

Q2

* Excluding real estate financing, financial lease and funding granted for stocks trading.

 

Credit card loans issued in the second quarter increased by 10 percent to SAR 14.02 billion, from SAR 12.7 billion in Q1 2018.

 

Credit Card Loans (SAR bln)

Total

Period

2013

7.83

Q1

8.34

Q2

8.60

Q3

8.51

Q4

2014

8.36

Q1

8.93

Q2

9.24

Q3

9.67

Q4

2015

9.56

Q1

9.61

Q2

10.38

Q3

10.21

Q4

2016

10.33

Q1

10.34

Q2

11.41

Q3

10.96

Q4

2017

10.43

Q1

10.65

Q2

11.56

Q3

12.09

Q4

2018

12.71

Q1

14.02

Q2

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