Riyadh: Bank credit extended to the public and private sectors in the Kingdom continued its upward trend, reaching its highest level by the end of June 2025 at a total of SAR3,186,271 million, marking an annual growth of 15.8% with an increase of more than SAR434,429 million compared with the same period in 2024, when it stood at SAR2,751,842 million.

According to Saudi Press Agency, total bank credit also recorded a quarterly growth of 2.7% by the end of the second quarter of the current year, rising by SAR84,310 million compared with the first quarter of 2025, when it reached SAR3,101,961 million. Every month, bank credit rose by 0.6% with an increase of SAR18,713 million compared with May 2025, when it stood at SAR3,167,558 million.

The bulletin showed that bank credit extended to the public and private sectors was distributed across diverse economic activities, supporting inclusive and sustainable economic growth and contributing to the realization of the goals of Saudi Vision 2030.

The data revealed long-term credit (for over three years) accounted for 48.8% of total bank credit, amounting to SAR1,555,017 million by the end of June 2025. Short-term credit (less than one year) represented 35.8% at SAR1,140,814 million, while medium-term credit (from one to three years) constituted 15.4%, totaling SAR490,441 million.