JEDDAH: Saudi Arabia’s bank lending growth to the private sector quickened to a 10-month high of 13.2 percent year-on-year in September from 12.2 percent in the previous month, central bank data showed.
Money supply (M3) growth eased to an annual 13.4 percent in September from a one-year high of 14.5 percent in August.
Saudi Arabian Monetary Agency’s net foreign assets edged down to SR2.762 trillion ($736.5 billion) from a record high of SR2.764 trillion in August. They were up 6.0 percent from a year ago, the slowest growth since May 2010.
SAMA net foreign assets reach SR2.762 trillion
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