Saudi Bank Credit Records Annual Growth of Over SR443 Billion by End of April 2025
Bank credit granted to the public and private sectors in Saudi Arabia has reached SR3.126 trillion by the end of April 2025, marking an annual growth of 16.5 percent.
RIYADH — Bank credit extended to the public and private sectors in Saudi Arabia stood at SR3,126,381 million (over SR3.126 trillion) by the end of April 2025, as per the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for April.
This annual growth represents a rise of more than SR443.018 billion compared to the same period in 2024 when bank credit was at SR2.683 trillion.
A five percent quarterly increase in bank credit over the fourth quarter of 2024, amounting to an increase of SR146.411 billion, further indicates an upward trend.
In the first quarter of 2025, bank credit surged from over SR2.955 trillion to exceed SR3.101 trillion.
The month-on-month growth was 0.8 percent, increasing by SR24.420 billion compared to March 2025 when it stood at SR3,101,961 million.The distribution of bank credit across more than 17 diverse economic activities underscores its crucial role in driving comprehensive and sustainable economic growth, contributing to the objectives outlined in Saudi Vision 2030.
The data from SAMA indicates that long-term credit (over three years) constituted approximately 49 percent of total bank credit, amounting to over SR1.524 trillion.
Short-term credit (less than one year), representing around 36 percent, was valued at over SR1.135 trillion.
Medium-term credit (one to three years), comprising about 15 percent, totaled SR465.937 billion.
This annual growth represents a rise of more than SR443.018 billion compared to the same period in 2024 when bank credit was at SR2.683 trillion.
A five percent quarterly increase in bank credit over the fourth quarter of 2024, amounting to an increase of SR146.411 billion, further indicates an upward trend.
In the first quarter of 2025, bank credit surged from over SR2.955 trillion to exceed SR3.101 trillion.
The month-on-month growth was 0.8 percent, increasing by SR24.420 billion compared to March 2025 when it stood at SR3,101,961 million.The distribution of bank credit across more than 17 diverse economic activities underscores its crucial role in driving comprehensive and sustainable economic growth, contributing to the objectives outlined in Saudi Vision 2030.
The data from SAMA indicates that long-term credit (over three years) constituted approximately 49 percent of total bank credit, amounting to over SR1.524 trillion.
Short-term credit (less than one year), representing around 36 percent, was valued at over SR1.135 trillion.
Medium-term credit (one to three years), comprising about 15 percent, totaled SR465.937 billion.
