Money and business

2.79 trillion riyals .. The volume of bank credit for the private sector in Saudi Arabia

The bank credit for the private sector in Saudi Arabia increased on a monthly and annual basis, last January, recording 2.791 trillion riyals.
The monthly statistical bulletin issued by the Saudi Central Bank showed that bank credit rose on a monthly basis by 1.4%, compared to 2.752 trillion riyals last December.

Bank credit

In Saudi Arabia, on an annual basis, last January, by 13.2%, compared to 2.465 trillion riyals in the same month last year.
It includes bank credit for the private sector, such as relevant bills, loans, predecessors, and open withdrawals.
And loans, predecessors and withdrawals on January, last January, recorded 2.770 trillion riyals, raised by 1.5% on a monthly basis, compared to 2.729 trillion riyals last December.
Loans, predecessors and withdrawals exposed in January 2025 by 11.5%, compared to 2.446 trillion riyals in the same month last year.
The value of the dumped bills last January amounted to 20.953 billion riyals, low 9.8%, compared to 23.232 billion riyals in December 2024.
The value of the dumped bills increased last January, on an annual basis by 11.5%, compared to 18.795 billion riyals in the same month last year.
According to the bulletin, investments in private securities during last January amounted to 107.202 billion riyals, up 4.2% on a monthly basis, compared to 102.893 billion riyals in December 2024.
The bulletin reported that investments in private securities increased during last January, on an annual basis by 29.2%, compared to 82.989 billion riyals in the same month last year.

Banks are required from the private sector

The banks ’liabilities from the private sector last January reached 2.899 trillion riyals, high by 1.5% on a monthly basis, compared to 2.855 trillion riyals last December.
Bank liabilities from the private sector increased last January, on an annual basis by 13.8%, compared to 2.548 trillion riyals in the same month of 2024.

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