Saudi Bank Credit Records Annual Growth of Over SAR443 Billion by End of April 2025

Riyadh: Bank credit granted to the public and private sectors in Saudi Arabia reached SAR3,126,381 million (over SAR3.126 trillion) by the end of April 2025, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for that month.

According to Saudi Press Agency, this marks an annual growth of 16.5 percent and an increase of more than SAR443,018 million (SAR443.018 billion) compared to the same period in 2024, when bank credit stood at SAR2,683,363 million (over SAR2.683 trillion).

Quarterly, bank credit continued to rise at all levels, recording a growth of 5 percent compared to the fourth quarter of 2024, increasing by SAR146,411 million (SAR146.411 billion). By the end of the first quarter of 2025, bank credit had grown from SAR2,955,550 million (over SAR2.955 trillion) to SAR3,101,961 million (over SAR3.101 trillion).

On a monthly basis, bank credit recorded a growth of 0.8 percent, rising by SAR24,420 million (SAR24.420 billion) compared to March 2025, when it stood at SAR3,101,961 million.

Bank credit granted to the public and private sectors was distributed across more than 17 economic activities, serving as a key driver in achieving comprehensive and sustainable economic growth and contributing to the goals of Saudi Vision 2030.

According to SAMA data, long-term credit (for over three years) accounted for 49 percent of total bank credit, valued at SAR1,524,687 million (over SAR1.524 trillion). Short-term credit (less than one year) represented 36 percent, amounting to SAR1,135,757 million (over SAR1.135 trillion). Medium-term credit (from one to three years) comprised about 15 percent, totaling SAR465,937 million (SAR465.937 billion).

Advertisment

Recent News