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    Home»Sports»Saudi bank credit hits highest level at SR3.3 trillion by end of February 2026
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    Saudi bank credit hits highest level at SR3.3 trillion by end of February 2026

    Editorial TeamBy Editorial TeamMay 10, 2026
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    RIYADH — Bank credit granted to the public and private sectors in Saudi Arabia recorded positive growth, continuing its upward trend and recording its highest level by the end of February 2026, reaching a total of SR3.335 trillion.

    This represents an annual growth rate of 9.6 percent, an increase of over SR291.9 billion compared to the same period in 2025, when it reached approximately SR3.042 trillion, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for February 2026.

    Data showed that bank credit rose by 0.5 percent month-on-month at the end of February, an increase of over SR15.6 billion compared to the end of January of this year, when it reached approximately SR 3.319 trillion. The SAMA report indicated the distribution of bank credit across various economic activities, which promotes comprehensive and sustainable economic growth and supports the objectives of the Kingdom’s Vision 2030 in developing the financing environment and expanding investment in vital sectors.

    The data showed that long-term bank credit (more than three years) accounted for the largest share of total credit at 48.6 percent, amounting to SR1.622 trillion, while short-term credit (less than one year) constituted 37.7 percent, amounting to SR 1.257 trillion. Medium-term credit (one to three years) reached 13.7percent, with a value of approximately SR 456 billion, the SAMA figures pointed out.

    Source: Saudi Gazette

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