Total bank credit in Saudi Arabia increased by 1.5%, by 38 billion riyals, to 2,621 trillion riyals in January, compared to 2,583 trillion riyals at the end of 2023.
Total increasedPersonal loansprovided by Saudi banks by 0.5%, at 6 billion riyals, to 1,249 trillion riyals in January 2024, compared to 1,243 trillion riyals at the end of 2023, according to “Arabian Business” data analysis.Monthly bulletin issued by the Central Bank of Saudi Arabia (SAMA).
Education loans provided by Saudi banks increased from 6.28 billion riyals at the end of 2023 to 6.33 billion riyals in January. Total bank credit in the Kingdom of Saudi Arabia increased by 1.5%, by 38 billion riyals, to 2,621 trillion riyals in January, compared to 2,583 trillion riyals at the end of 2023.
