Saudi banking credit records a historic rise by the end of October 2025.
Banking credit granted to the public and private sectors in the Kingdom of Saudi Arabia continued its accelerated growth, reaching its highest level by the end of October 2025, totaling approximately SAR 3.3 trillion.
Banking credit recorded annual growth of 13.6%, with an increase exceeding SAR 391.6 billion compared to the same period in 2024, when it stood at around SAR 2.9 trillion.
Banking credit also rose on a monthly basis by 0.4%, equivalent to an increase of SAR 12.9 billion compared to September, when total banking credit amounted to approximately SAR 3.2 trillion.
Banking credit extended to the public and private sectors was distributed across various economic activities, supporting the achievement of comprehensive and sustainable economic growth and aligning with the objectives of Saudi Vision 2030 to develop the financing environment and support expansion in vital sectors.
The data showed that long-term banking credit (more than 3 years) accounted for the largest share of total credit at 49%, with a value of SAR 1.6 trillion. Short-term credit (less than one year) represented 37.3%, amounting to nearly SAR 1.2 trillion, while medium-term credit (from one to three years) accounted for 13.8% of the total, valued at SAR 451.1 billion.
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