Saudi banks’ liabilities to the private sector rise 1.5% by the end of January

The liabilities of banks operating in Saudi Arabia to the private sector rose by 1.5% by the end of last January to nearly 2.9 trillion riyals in January 2025 compared to 2.8 trillion in December 2024.

The monthly statistical bulletin issued by the Saudi Central Bank indicated that banks’ liabilities to the private sector are distributed between bank credit and investments in private financial securities, amounting to 2.79 trillion riyals by the end of January 2025 compared to 2.75 trillion by the end of December 2024, indicating that bank credit is distributed between loans, advances and overdrafts, amounting to 2.770 trillion by the end of January 2025 compared to 2.729 trillion by the end of December 2024, while banks’ liabilities in “discounted bills” amounted to 20.95 billion riyals by the end of January 2025 compared to 23.23 billion riyals in December 2024.

The bulletin stated that banks’ requirements from the private sector in private securities investments amounted to 107.20 billion riyals by the end of January 2025, compared to 102.89 billion riyals by the end of December 2024.

According to the bulletin, banks’ requirements from the private sector recorded an increase on an annual basis, reaching 2.889 trillion by the end of 2025, compared to 2.548 trillion by the end of January 2024, as bank credit requirements amounted to 2.79 trillion by the end of January 2025, compared to 2.46 trillion by the end of January 2024, while banks’ requirements from the private sector in private securities investments amounted to 107.20 billion riyals by the end of January 2025, compared to 82.98 billion riyals by the end of January 2024.