Riyadh, Saudi Arabia — Total bank credit granted to the public and private sectors in Saudi Arabia reached its highest level at over SAR 3.042 trillion by the end of February 2025, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for that month.
This marks an annual growth of 15 percent and an increase of over SAR394,375 million (SAR394.375 billion) compared to the same period in 2024, when total bank credit stood at SAR2,648,606 million (over SAR2.648 trillion).
Meanwhile, total bank credit recorded a monthly growth of 1.2 percent, increasing by SAR37,035 million (SAR37.035 billion) compared to last January, when it stood at SAR3,005,946 million (over SAR3.005 trillion).
The bank credit granted to the public and private sectors was distributed across more than 17 diverse 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’s data, long-term credit (for over three years) accounted for 48.8 percent of total bank credit, valued at SAR1,483,560 million (over SAR1.483 trillion) by the end of February. Short-term credit (less than one year) represented 36.3 percent, amounting to SAR1,104,894 million (over SAR1.104 trillion).
Medium-term credit (from one to three years) made up around 14.9 percent, with a total value of SAR454,527 million (SAR454.527 billion).
