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Private sector loans rise by 197 billion riyals

Private sector loans rise by 197 billion riyals

The Saudi Central Bank report shows that private sector loans increased by approximately 208.5 billion riyals over the year, reaching 3.27 trillion riyals by the end of the second quarter of 2026, with an annual growth rate of 6.82%. The growth is mainly concentrated in banking credit, which grew by 197.5 billion riyals to reach 3.16 trillion riyals, along with a rise in banks' investments in securities by 11.18% to 109 billion riyals. Additionally, discounted promissory notes recorded a modest increase of 1.79%. This dynamic growth reflects active financing in the private sector, indicating the availability of financial resources to support various economic activities.

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