Saudi Arabian banknotes
Saudi bank loans granted to non-financial government institutions and the private sector rose 15% to SAR 3.05 trillion in 2024, compared to nearly SAR 2.66 trillion in 2023, according to data issued by the Saudi Central Bank (SAMA).
Bank Loans for the 2 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
3,035
+14%
December
2,665
3,058
+15%
Private sector lending also increased by 13% year-on-year (YoY) to SAR2.85trillion for the same year.
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
2,842
+13%
December
2,519
2,855
+13%
Loans granted to public non-financial institutions jumped 38% YoY to about SAR 203.1 billion by the end of the year.
Bank Loansto Public Non-Financial Institutions (SAR bln)
Month
2023
2024
Change
January
135.4
156.3
+15%
February
138.2
156.3
+13%
March
130
157.5
+21%
April
130.6
157.7
+21%
May
134.6
162.6
+21%
June
131.4
159
+21%
July
133.9
168.7
+26%
August
140
173.3
+24%
September
145.1
173.4
+20%
October
145.7
179.8
+23%
November
146.6
192.7
+31%
December
146.7
203.1
+38%
Saudi Arabian banknotes
Saudi bank loans granted to non-financial government institutions and the private sector rose 15% to SAR 3.05 trillion in 2024, compared to nearly SAR 2.66 trillion in 2023, according to data issued by the Saudi Central Bank (SAMA).
Bank Loans for the 2 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
3,035
+14%
December
2,665
3,058
+15%
Private sector lending also increased by 13% year-on-year (YoY) to SAR2.85trillion for the same year.
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
2,842
+13%
December
2,519
2,855
+13%
Loans granted to public non-financial institutions jumped 38% YoY to about SAR 203.1 billion by the end of the year.
Bank Loansto Public Non-Financial Institutions (SAR bln)
Month
2023
2024
Change
January
135.4
156.3
+15%
February
138.2
156.3
+13%
March
130
157.5
+21%
April
130.6
157.7
+21%
May
134.6
162.6
+21%
June
131.4
159
+21%
July
133.9
168.7
+26%
August
140
173.3
+24%
September
145.1
173.4
+20%
October
145.7
179.8
+23%
November
146.6
192.7
+31%
December
146.7
203.1
+38%

