Saudi loan balances hit 1.466tn riyals

The value of individual loans in Saudi Arabia increased by 4.14% by the end of July 2026, reaching 1.466 trillion riyals, accounting for 42.69% of the total banking credit of 3.434 trillion riyals. Data shows that the volume of real estate loans granted to individuals rose from 716.46 billion riyals at the end of the second quarter of 2025 to 742.95 billion riyals in the same period of 2026, representing a 3.7% increase. Additionally, real estate loans granted to individuals and companies grew by 5.3% year-on-year, totaling 979.69 billion riyals, while loans granted to companies increased by 10.78%, reaching 236.73 billion riyals, indicating ongoing growth in the Saudi banking sector.

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