Saudi bank credit crosses SAR3 trillion in January 2025
The total bank credit extended to the public and private sectors in Saudi Arabia reached SAR3,005,946 million by the end of January 2025, according to the Saudi Central Bank’s (SAMA) monthly statistical bulletin. According…
The total bank credit extended to the public and private sectors in Saudi Arabia reached SAR3,005,946 million by the end of January 2025, according to the Saudi Central Bank’s (SAMA) monthly statistical bulletin.
According to the Emirates News Agency (WAM), the Saudi Press Agency (SPA) reported that this represented an annual increase of 15 percent, equivalent to SAR348,219 million, compared to SAR2,621,726 million in January 2024.
On a monthly basis, bank credit recorded a 2 percent increase, rising by SAR50,395 million from December 2024, when it stood at SAR2,955,550 million.
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