Saudi bank deposits rise by 206 billion riyals

Bank deposits in Saudi Arabia increased by approximately 206.02 billion riyals during the first half of 2026, representing a 7.04% growth compared to the end of 2025, reaching a total of 3.132 trillion riyals. Time and savings deposits rose by 25.05% to reach 1.375 trillion riyals, driven by an 18% increase in corporate and individual deposits and a 33.7% rise in government entity deposits. Conversely, demand deposits declined by 3.2%, totaling 1.447 trillion riyals, with government entity deposits decreasing by 15%. Additionally, foreign currency deposits grew by 12.58%, reaching 261.7 billion riyals, supported by a 20.2% increase in corporate and individual deposits.

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