Saudi Arabia’s total bank credit to the public and private sectors hit a record high of SAR 3,005,946 million by the end of January 2025, as reported in the Saudi Central Bank (SAMA)’s monthly statistical bulletin for January 2025. This reflects a significant annual growth of 15%, with an increase of over SAR 348,219 million compared to the same period in 2024, when the figure stood at SAR 2,621,726 million.
Additionally, the total bank credit showed a monthly growth of 2% by the end of January 2025, rising by approximately SAR 50,395 million from December 2024, when it was recorded at SAR 2,955,550 million.
The credit extended to the public and private sectors was allocated across more than 17 diverse economic activities, playing a pivotal role in driving comprehensive and sustainable economic growth. This growth aligns with the objectives of Saudi Vision 2030, further solidifying the Kingdom’s economic diversification efforts.
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