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Saudi Credit Tops 3.5tn

Saudi Credit Tops 3.5tn

Saudi bank credit exceeded SAR 3.5 trillion at the end of September 2026 for the first time, rising 7.3% year on year—an increase of SAR 238.27 billion—and 1.04% over the month. Real estate activities were the largest beneficiaries, receiving SAR 435.03 billion in credit, followed by electricity, gas and water supply at SAR 264.26 billion, and wholesale and retail trade at SAR 224.29 billion. Long-term credit accounted for 47.7% of the total, at SAR 1.67 trillion. Short-term credit stood at SAR 1.36 trillion, while medium-term credit reached SAR 473.09 billion. Since the start of 2026, total credit has risen by SAR 204.25 billion, or 6.19%.

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