Layla Al-Khalifa

Historic High! Saudi Arabia’s Bank Credit Hits Record SR2.8 Trillion

Saudi Arabia’s Bank Credit Reaches Record Levels


In a groundbreaking development, the bank credit granted to both the public and private sectors in Saudi Arabia has soared to historically record-high levels by the end of August 2024, surpassing the staggering amount of over SR2.8 trillion, as revealed by the statistical bulletin of the Saudi Central Bank (SAMA).