The total bank credit given to the public and private sectors in the Kingdom reached its highest summit at 2.955,550 million riyal by the end of the year 2024 AD, the annual growth of the year 2023 meters with an increase of more than 14.4%and 371.851 million. Compared to Rial, where it was 2.583,698 million SAR.
The total bank credit recorded an increase in the quarter of 4%by the end of the fourth quarter 2024 meters, with an increase of about 102.411 million riyal compared to the end of the third quarter of the same year, which was 2.853.139 million riyal, December 2024 According to the monthly statistical bulletin issued by the Central Bank.
The total bank credit achieved monthly growth by the end of December 2024 AD, with an increase of about 1%, more than 23 billion riyal, compared to the end of November of the same year, it was 2.932.460 million riyal.
By the end of December 2024 AD, by comparing bank credit levels from January, registered up to 12.7%, with an increase of about 333,824 million riyal, as it was 2.621.726 million riyals in the late January.
The bank credit given to public and private sectors is distributed to over 17 diverse economic activities, which is an auxiliary and enhanced in achieving broad and sustainable economic growth, and contributes to the 2030 vision goals of the state.
For a long time, Bank Credit (for more than 3 years) formed 48.7% of the total credit at the end of 1.439.383 million riyal at the end of 2024 AD, while Short -Int Bank Credit (less than one year) 36.3 Represented %. Total credits, at a price of 1.071.
The average -bank credit (from one to 3 years) represented 15% of the total credit at a price of 444.426 million riyal.