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Saudi banks’ mortgage lending surges to near 3-year high of $2.7bn

Saudi banks’ mortgage lending surges to near 3-year high of $2.7bn

  • Houses accounted for the majority of these loans at SR6.5 billion, or 65%
  • This was followed by apartments at 31% and land purchases at 4%
By Dayan Abou Tine  ·
Saudi banks issue $1.9bn in new residential loans in July as apartment lending surges 

Saudi banks issue $1.9bn in new residential loans in July as apartment lending surges 

By Dayan Abou Tine ·

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