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Corporate activities drive Saudi bank loans to highest growth rate in 18 months

Corporate activities drive Saudi bank loans to highest growth rate in 18 months

  • Corporate lending dominated the sector, making up around 54 percent
By Dayan Abou Tine ·
Saudi corporate lending fuels bank loans growth to near 2-year high of 12.46%

Saudi corporate lending fuels bank loans growth to near 2-year high of 12.46%

By Dayan Abou Tine  ·
Saudi Arabia’s official reserves reach $457bn, up 4%

Saudi Arabia’s official reserves reach $457bn, up 4%

By Dayan Abou Tine ·
Saudi Central Bank’s governor highlights global, domestic economic resilience at IMF meeting

Saudi Central Bank’s governor highlights global, domestic economic resilience at IMF meeting

By Arab News ·
Saudi restaurant and cafe sales boost August POS spending to $15.6bn

Saudi restaurant and cafe sales boost August POS spending to $15.6bn

By Dayan Abou Tine ·
Saudi hotel spending rises 2.4% amid broader POS decline: SAMA graphic

Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

By MIGUEL HADCHITY  ·
Saudi POS transactions surge 2.6% to $3.6bn, driven by education sector growth graphic

Saudi POS transactions surge 2.6% to $3.6bn, driven by education sector growth

By MIGUEL HADCHITY  ·
Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report

Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report

By Dayan Abou Tine ·
Saudi Central Bank lowers benchmark rate by 50 bps, following US Fed decision   graphic

Saudi Central Bank lowers benchmark rate by 50 bps, following US Fed decision  

By Dayan Abou Tine ·
Saudi banks’ aggregate profit reaches an all-time high of $2.1bn; loans hit $744.4bn

Saudi banks’ aggregate profit reaches an all-time high of $2.1bn; loans hit $744.4bn

By Dayan Abou Tine ·
Special Saudi fintech industry rakes in $1bn in revenues, says top SAMA official

Saudi fintech industry rakes in $1bn in revenues, says top SAMA official

By Reina Takla ·
SAMA grants sandbox permits to Saudi fintechs XSquare, NeotTek, and MoneyMoon 

SAMA grants sandbox permits to Saudi fintechs XSquare, NeotTek, and MoneyMoon 

By Mohammed Al-Kinani  ·
Saudi fintech startups raise $1.84bn in VC investments since 2018: Monsha’at

Saudi fintech startups raise $1.84bn in VC investments since 2018: Monsha’at

By NOUR EL-SHAERI    ·

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