Total bank credit in the Kingdom reached SAR 3.12 trillion by the end of April

Total bank credit in the Kingdom, by economic activity, rose to SAR 3.12 trillion, according to data from the monthly statistical bulletin issued by the Saudi Central Bank (SAMA).

According to the data, retail loans accounted for the largest share of total bank credit by economic activity, amounting to SAR 1.4 trillion (44.8%), while real estate activities recorded SAR 375.2 billion.

Wholesale and retail trade came in third place, with SAR 211.8 billion, followed by electricity, gas, and water supplies with SAR 189.3 billion, and manufacturing industries with SAR 187.8 billion.

Financial and insurance activities recorded SAR 159.8 billion, while other activities recorded SAR 154.7 billion. Construction recorded SAR 133.5 billion, administrative and support services recorded SAR 68 billion, and transportation and storage recorded SAR 67 billion. It is worth noting that bank credit in the Kingdom, by economic activity, amounted to SAR 3.1 trillion by the end of March of this year. Individual loans accounted for the largest share of total bank credit by economic activity, amounting to SAR 1.39 trillion, representing 44%.