Saudi Gazette - Saudi bank consumer loans rise 22% in Q2:
"The volume of consumer loans given by Saudi local banks rose by 22 percent to reach SR321 billion in the second quarter of the current year compared to the same period last year, latest data from SAMA (Saudi Arabian Monetary Agency) showed.
Consumer loans capture nearly 80 percent of Saudi local banks’ retail loan portfolio.
Loans given to purchase car and equipment rose to SR61.8 billion while loans for real estate stood at SR41.47 billion, SAMA report noted.
The volume of consumer loans in the first quarter stood at SR307.4 billion."
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