The Kingdom of Saudi Arabia’s flag
Credit facilities extended to micro, small, and medium enterprises (MSMEs) grew 37% year-on-year (YoY) to SAR 420.7 billion in Q2 2025, data from the Saudi Central Bank (SAMA) showed.
Medium-sized enterprises topped the total amount of credit facilities with approximately SAR 206.4 billion, small enterprises with about SAR 154.2 billion, and micro enterprises with SAR 60.1 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.
The following table shows developments in credit facilities provided to MSMEs by banks and financing companies:
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
—
—
Q4
351.7
—
—
The financing offered by the banking sector reached SAR 402.1 billion, representing 96% of the total facilities. Meanwhile, the financing institutions offered SAR 18.6 billion, or 4% of the total.
The table below indicates details of credit facilities provided to MSMEs by sector:
Credit Facilities by Sector (SAR bln)
Total
Financing Institutions
Banking Sector
Period
95.68
7.83
87.84
Q1 2018
101.26
7.66
93.60
Q2 2018
106.68
7.68
99.00
Q3 2018
108.52
7.76
100.76
Q4 2018
113.17
8.15
105.02
Q1 2019
113.03
7.87
105.16
Q2 2019
115.61
8.75
106.86
Q3 2019
117.35
9.38
107.97
Q4 2019
134.84
9.68
125.16
Q1 2020
158.04
10.64
147.40
Q2 2020
175.74
10.75
164.99
Q3 2020
182.24
11.89
170.35
Q4 2020
188.43
12.97
175.46
Q1 2021
198.22
13.46
184.76
Q2 2021
200.37
14.16
186.22
Q3 2021
203.23
14.64
188.59
Q4 2021
218.68
15.27
203.41
Q1 2022
221.00
15.39
205.61
Q2 2022
228.03
15.47
212.57
Q3 2022
229.30
16.08
213.23
Q4 2022
252.23
17.28
234.95
Q1 2023
262.66
17.31
245.34
Q2 2023
268.57
16.93
251.64
Q3 2023
275.58
17.28
258.30
Q42023
293.43
17.70
275.73
Q1 2024
307.40
17.61
289.80
Q2 2024
329.23
17.46
311.77
Q3 2024
351.72
18.22
333.50
Q42024
383.19
18.69
364.50
Q12025
420.72
18.58
402.14
Q22025
Medium enterprises accounted for 49% of total banking facilities, or SAR 199 billion, while small enterprises held around SAR 145.8 billion,as shown below:
Credit Facilitiesby Banks (SAR bln)
Total
Medium
Small
Micro
Period
87.84
61.62
22.01
4.22
Q1 2018
93.60
69.10
20.82
3.69
Q2 2018
99.00
73.22
21.80
3.97
Q3 2018
100.76
74.76
22.31
3.70
Q4 2018
105.02
79.17
22.98
2.87
Q1 2019
105.16
79.44
23.11
2.61
Q2 2019
106.86
80.84
22.97
3.05
Q3 2019
107.97
81.44
23.01
3.53
Q4 2019
125.16
93.92
27.47
3.78
Q1 2020
147.40
110.80
31.28
5.33
Q2 2020
164.99
121.54
37.26
6.20
Q3 2020
170.35
123.26
39.92
7.18
Q4 2020
175.46
127.45
39.67
8.34
Q1 2021
184.76
132.11
44.18
8.47
Q2 2021
186.22
129.99
45.08
11.14
Q3 2021
188.59
128.64
50.59
9.37
Q4 2021
203.41
135.54
54.04
13.83
Q1 2022
205.61
134.88
55.78
14.94
Q2 2022
212.57
136.64
61.55
14.37
Q3 2022
213.23
132.97
65.08
15.18
Q4 2022
234.95
145.09
70.25
19.62
Q1 2023
245.34
149.43
75.70
20.21
Q2 2023
251.64
152.42
77.87
21.35
Q3 2023
258.30
151.89
84.09
22.32
Q4 2023
275.73
153.74
95.19
26.80
Q1 2024
289.80
160.41
98.26
31.13
Q2 2024
311.77
174.12
104.15
33.50
Q3 2024
333.50
179.93
113.98
39.60
Q42024
364.50
182.59
131.15
50.76
Q12025
402.14
198.96
145.78
57.40
Q22025
Small enterprises received SAR 8.5 billion of the total facilities offered by financing institutions in Q2 2025, while medium enterprises received around SAR 7.4 billion in the same period,as follows:
Credit Facilitiesby Financing Institutions (SAR bln)
Total
Medium
Small
Micro
Period
7.83
3.38
3.00
1.45
Q1 2018
7.66
3.38
2.91
1.37
Q2 2018
7.68
3.32
2.98
1.39
Q3 2018
7.76
3.34
3.21
1.21
Q4 2018
8.15
3.57
3.47
1.11
Q1 2019
7.87
3.20
3.60
1.07
Q2 2019
8.75
3.63
3.83
1.29
Q3 2019
9.38
3.88
3.81
1.69
Q4 2019
9.68
3.71
4.23
1.74
Q1 2020
10.64
3.85
4.76
2.03
Q2 2020
10.75
3.73
5.17
1.86
Q3 2020
11.89
4.19
5.18
2.51
Q4 2020
12.97
4.55
5.63
2.79
Q1 2021
13.46
4.66
6.10
2.70
Q2 2021
14.16
4.78
6.61
2.77
Q3 2021
14.64
4.93
6.77
2.94
Q4 2021
15.27
4.90
7.22
3.15
Q1 2022
15.39
4.97
7.26
3.17
Q2 2022
15.47
4.87
7.17
3.42
Q3 2022
16.08
5.34
7.54
3.20
Q4 2022
17.28
6.06
8.30
2.92
Q1 2023
17.31
6.19
8.18
2.95
Q2 2023
16.93
6.21
8.04
2.68
Q3 2023
17.28
6.52
8.19
2.58
Q4 2023
17.70
6.85
8.26
2.59
Q1 2024
17.61
6.90
8.14
2.57
Q2 2024
17.46
6.93
7.88
2.64
Q3 2024
18.22
7.36
8.27
2.59
Q42024
18.69
7.59
8.43
2.67
Q1 2025
18.58
7.41
8.47
2.71
Q2 2025
The Kingdom of Saudi Arabia’s flag
Credit facilities extended to micro, small, and medium enterprises (MSMEs) grew 37% year-on-year (YoY) to SAR 420.7 billion in Q2 2025, data from the Saudi Central Bank (SAMA) showed.
Medium-sized enterprises topped the total amount of credit facilities with approximately SAR 206.4 billion, small enterprises with about SAR 154.2 billion, and micro enterprises with SAR 60.1 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.
The following table shows developments in credit facilities provided to MSMEs by banks and financing companies:
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
—
—
Q4
351.7
—
—
The financing offered by the banking sector reached SAR 402.1 billion, representing 96% of the total facilities. Meanwhile, the financing institutions offered SAR 18.6 billion, or 4% of the total.
The table below indicates details of credit facilities provided to MSMEs by sector:
Credit Facilities by Sector (SAR bln)
Total
Financing Institutions
Banking Sector
Period
95.68
7.83
87.84
Q1 2018
101.26
7.66
93.60
Q2 2018
106.68
7.68
99.00
Q3 2018
108.52
7.76
100.76
Q4 2018
113.17
8.15
105.02
Q1 2019
113.03
7.87
105.16
Q2 2019
115.61
8.75
106.86
Q3 2019
117.35
9.38
107.97
Q4 2019
134.84
9.68
125.16
Q1 2020
158.04
10.64
147.40
Q2 2020
175.74
10.75
164.99
Q3 2020
182.24
11.89
170.35
Q4 2020
188.43
12.97
175.46
Q1 2021
198.22
13.46
184.76
Q2 2021
200.37
14.16
186.22
Q3 2021
203.23
14.64
188.59
Q4 2021
218.68
15.27
203.41
Q1 2022
221.00
15.39
205.61
Q2 2022
228.03
15.47
212.57
Q3 2022
229.30
16.08
213.23
Q4 2022
252.23
17.28
234.95
Q1 2023
262.66
17.31
245.34
Q2 2023
268.57
16.93
251.64
Q3 2023
275.58
17.28
258.30
Q42023
293.43
17.70
275.73
Q1 2024
307.40
17.61
289.80
Q2 2024
329.23
17.46
311.77
Q3 2024
351.72
18.22
333.50
Q42024
383.19
18.69
364.50
Q12025
420.72
18.58
402.14
Q22025
Medium enterprises accounted for 49% of total banking facilities, or SAR 199 billion, while small enterprises held around SAR 145.8 billion,as shown below:
Credit Facilitiesby Banks (SAR bln)
Total
Medium
Small
Micro
Period
87.84
61.62
22.01
4.22
Q1 2018
93.60
69.10
20.82
3.69
Q2 2018
99.00
73.22
21.80
3.97
Q3 2018
100.76
74.76
22.31
3.70
Q4 2018
105.02
79.17
22.98
2.87
Q1 2019
105.16
79.44
23.11
2.61
Q2 2019
106.86
80.84
22.97
3.05
Q3 2019
107.97
81.44
23.01
3.53
Q4 2019
125.16
93.92
27.47
3.78
Q1 2020
147.40
110.80
31.28
5.33
Q2 2020
164.99
121.54
37.26
6.20
Q3 2020
170.35
123.26
39.92
7.18
Q4 2020
175.46
127.45
39.67
8.34
Q1 2021
184.76
132.11
44.18
8.47
Q2 2021
186.22
129.99
45.08
11.14
Q3 2021
188.59
128.64
50.59
9.37
Q4 2021
203.41
135.54
54.04
13.83
Q1 2022
205.61
134.88
55.78
14.94
Q2 2022
212.57
136.64
61.55
14.37
Q3 2022
213.23
132.97
65.08
15.18
Q4 2022
234.95
145.09
70.25
19.62
Q1 2023
245.34
149.43
75.70
20.21
Q2 2023
251.64
152.42
77.87
21.35
Q3 2023
258.30
151.89
84.09
22.32
Q4 2023
275.73
153.74
95.19
26.80
Q1 2024
289.80
160.41
98.26
31.13
Q2 2024
311.77
174.12
104.15
33.50
Q3 2024
333.50
179.93
113.98
39.60
Q42024
364.50
182.59
131.15
50.76
Q12025
402.14
198.96
145.78
57.40
Q22025
Small enterprises received SAR 8.5 billion of the total facilities offered by financing institutions in Q2 2025, while medium enterprises received around SAR 7.4 billion in the same period,as follows:
Credit Facilitiesby Financing Institutions (SAR bln)
Total
Medium
Small
Micro
Period
7.83
3.38
3.00
1.45
Q1 2018
7.66
3.38
2.91
1.37
Q2 2018
7.68
3.32
2.98
1.39
Q3 2018
7.76
3.34
3.21
1.21
Q4 2018
8.15
3.57
3.47
1.11
Q1 2019
7.87
3.20
3.60
1.07
Q2 2019
8.75
3.63
3.83
1.29
Q3 2019
9.38
3.88
3.81
1.69
Q4 2019
9.68
3.71
4.23
1.74
Q1 2020
10.64
3.85
4.76
2.03
Q2 2020
10.75
3.73
5.17
1.86
Q3 2020
11.89
4.19
5.18
2.51
Q4 2020
12.97
4.55
5.63
2.79
Q1 2021
13.46
4.66
6.10
2.70
Q2 2021
14.16
4.78
6.61
2.77
Q3 2021
14.64
4.93
6.77
2.94
Q4 2021
15.27
4.90
7.22
3.15
Q1 2022
15.39
4.97
7.26
3.17
Q2 2022
15.47
4.87
7.17
3.42
Q3 2022
16.08
5.34
7.54
3.20
Q4 2022
17.28
6.06
8.30
2.92
Q1 2023
17.31
6.19
8.18
2.95
Q2 2023
16.93
6.21
8.04
2.68
Q3 2023
17.28
6.52
8.19
2.58
Q4 2023
17.70
6.85
8.26
2.59
Q1 2024
17.61
6.90
8.14
2.57
Q2 2024
17.46
6.93
7.88
2.64
Q3 2024
18.22
7.36
8.27
2.59
Q42024
18.69
7.59
8.43
2.67
Q1 2025
18.58
7.41
8.47
2.71
Q2 2025
