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Saudi personal loans reach 525.45 billion riyals

Saudi personal loans reach 525.45 billion riyals

The value of personal loans in Saudi Arabia increased to 525.45 billion SAR by the end of the second quarter of 2026, marking a 5% rise compared to last year (25.04 billion SAR). Consumer loans also grew to 491.1 billion SAR, with an annual growth rate of 4.5%. These consumer loans mainly include furniture, auto, and education loans, with notable increases in healthcare loans by 47.8% and tourism loans by 16.3%. Additionally, credit card debts rose by 12.1% to 34.35 billion SAR, surpassing the 30.64 billion SAR recorded last year. The overall growth in consumer financing continues.

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