Saudi Arabian banknotes
Loans by Saudi bank granted to non-financial government institutions and the private sector rose 13% to SAR 2.98 trillion in October 2024, compared to nearly SAR 2.64 trillion in October 2023, according to data issued by the Saudi Central Bank (SAMA). 
The following table shows Saudi bank loans granted to non-financial government institutions and the private sector:
Bank Loans for Both Sectors (SAR bln)
Month
2023
2024
Change
January
2,435
2,704
+11%
February
2,459
2,734
+11%
March
2,485
2,757
+11%
April
2,492
2,772
+11%
May
2,527
2,815
+11%
June
2,548
2,849
+12%
July
2,568
2,888
+12%
August
2,594
2,920
+13%
September
2,621
2,948
+12%
October
2,643
2,980
+13%
November
2,668
—
—
December
2,666
—
—
Private sector lending also increased 12% year-on-year (YoY) to SAR 2.80 trillion in the same month.
Bank Loans to Private Sector (SAR bln)
Month
2023
2024
Change
January
2,300
2,548
+11%
February
2,321
2,578
+11%
March
2,355
2,599
+10%
April
2,361
2,614
+11%
May
2,392
2,652
+11%
June
2,417
2,690
+11%
July
2,434
2,719
+12%
August
2,454
2,747
+12%
September
2,476
2,775
+12%
October
2,497
2,800
+12%
November
2,521
—
—
December
2,519
—
—
Meanwhile, loans granted to non-financial government institutions jumped 23% YoY to about SAR 179.8 billion by the end of October.
Bank Loans to Non-Financial Government Institutions(SAR bln)
Month
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
162.6
+21%
June
131.4
159.0
+21%
July
133.9
168.7
+26%
August
140.0
173.3
+24%
September
145.1
173.4
+20%
October
145.7
179.8
+23%
November
146.6
—
—
December
146.7
—
—
Saudi Arabian banknotes
Loans by Saudi bank granted to non-financial government institutions and the private sector rose 13% to SAR 2.98 trillion in October 2024, compared to nearly SAR 2.64 trillion in October 2023, according to data issued by the Saudi Central Bank (SAMA).
The following table shows Saudi bank loans granted to non-financial government institutions and the private sector:
Bank Loans for Both Sectors (SAR bln)
Month
2023
2024
Change
January
2,435
2,704
+11%
February
2,459
2,734
+11%
March
2,485
2,757
+11%
April
2,492
2,772
+11%
May
2,527
2,815
+11%
June
2,548
2,849
+12%
July
2,568
2,888
+12%
August
2,594
2,920
+13%
September
2,621
2,948
+12%
October
2,643
2,980
+13%
November
2,668
—
—
December
2,666
—
—
Private sector lending also increased 12% year-on-year (YoY) to SAR 2.80 trillion in the same month.
Bank Loans to Private Sector (SAR bln)
Month
2023
2024
Change
January
2,300
2,548
+11%
February
2,321
2,578
+11%
March
2,355
2,599
+10%
April
2,361
2,614
+11%
May
2,392
2,652
+11%
June
2,417
2,690
+11%
July
2,434
2,719
+12%
August
2,454
2,747
+12%
September
2,476
2,775
+12%
October
2,497
2,800
+12%
November
2,521
—
—
December
2,519
—
—
Meanwhile, loans granted to non-financial government institutions jumped 23% YoY to about SAR 179.8 billion by the end of October.
Bank Loans to Non-Financial Government Institutions(SAR bln)
Month
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
162.6
+21%
June
131.4
159.0
+21%
July
133.9
168.7
+26%
August
140.0
173.3
+24%
September
145.1
173.4
+20%
October
145.7
179.8
+23%
November
146.6
—
—
December
146.7
—
—
