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Saudi financing firms profit rise 1.8%
The profits of financing companies in Saudi Arabia increased by 1.78% during the second quarter of 2026, reaching 916 million SAR. Their profits also rose by 3.85% compared to the first quarter. Over the six-month period, the sector's profits grew by 10.5%, amounting to 1.8 billion SAR. Additionally, the companies' assets increased by 9.1% to 77.57 billion SAR, while their loans grew by 13.6% to 112.89 billion SAR, with continued focus on personal, commercial, and real estate financing. The total assets of financing and real estate re-financing companies in Saudi Arabia reached 125.43 billion SAR at the end of the second quarter, with a notable 40.7% surge in the assets of the Saudi Real Estate Refinance Company.
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