Saudi Arabian banknotes
Saudi bank loans granted to non-financial government institutions and the private sector rose 11% to SAR2.75 trillion inMarch 2024, compared to nearlySAR 2.48 trillion in March 2023, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also increased 10% year-on-year (YoY) to SAR2.59trillion for the same month.
Meanwhile, loans granted to non-financial government institutions jumped 21% YoY to about SAR 157.5 billion by the end of March.
Bank Loans to Private Sector (SAR bln)
Month
2023
2024
Change
January
2300
2548
+11%
February
2321
2578
+11%
March
2355
2599
+10%
April
2361
—
—
May
2392
—
—
June
2417
—
—
July
2434
—
—
August
2454
—
—
September
2476
—
—
October
2497
—
—
November
2521
—
—
December
2519
—
—
Bank Loansto Non-Financial Gov’t 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
—
—
May
134.6
—
—
June
131.4
—
—
July
133.9
—
—
August
140.0
—
—
September
145.1
—
—
October
145.7
—
—
November
146.6
—
—
December
146.7
—
—
Saudi Arabian banknotes
Saudi bank loans granted to non-financial government institutions and the private sector rose 11% to SAR2.75 trillion inMarch 2024, compared to nearlySAR 2.48 trillion in March 2023, according to data issued by the Saudi Central Bank (SAMA).
Private sector lending also increased 10% year-on-year (YoY) to SAR2.59trillion for the same month.
Meanwhile, loans granted to non-financial government institutions jumped 21% YoY to about SAR 157.5 billion by the end of March.
Bank Loans to Private Sector (SAR bln)
Month
2023
2024
Change
January
2300
2548
+11%
February
2321
2578
+11%
March
2355
2599
+10%
April
2361
—
—
May
2392
—
—
June
2417
—
—
July
2434
—
—
August
2454
—
—
September
2476
—
—
October
2497
—
—
November
2521
—
—
December
2519
—
—
Bank Loansto Non-Financial Gov’t 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
—
—
May
134.6
—
—
June
131.4
—
—
July
133.9
—
—
August
140.0
—
—
September
145.1
—
—
October
145.7
—
—
November
146.6
—
—
December
146.7
—
—