Saudi personal loans reach 525.45B riyals

Personal loans in Saudi Arabia increased by 5% by the end of the second quarter of 2026, reaching a value of 525.45 billion riyals—an increase of 25.04 billion riyals compared to the same period last year. Consumer loans rose by 4.5% to 491.1 billion riyals, with significant growth in furniture and durable goods loans by 62.28%, and auto loans by 10.2%. Credit card loans also increased by 12.1%, reaching 34.35 billion riyals. This indicates a continued rise in demand for personal financing in Saudi Arabia, with a trend toward funding personal and consumption needs.

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