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Saudi bank loans surpass 3.24 trillion riyals
End-of-Q2 2026 statistics show that customer deposits in Saudi banks increased by 8.86% year-over-year, reaching 3.146 trillion riyals—a rise of 256.18 billion riyals compared to the same period last year. Meanwhile, the total value of loans and advances granted by these banks exceeded 3.245 trillion riyals, accounting for approximately 103.15% of total deposits, and indicating a 6.87% annual growth. The National Bank holds the largest deposit base at 698.17 billion riyals, followed by Al Rajhi Bank with 688.36 billion riyals. On the other hand, Al Rajhi Bank leads in loan volume with 762.1 billion riyals, with the National Bank close behind at 739.56 billion riyals. This discrepancy suggests that the volume of loans exceeds customer deposits, reflecting an increase in the lending activity of Saudi banks during the second quarter of the year.
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