Saudi Arabia’s banking sector witnessed significant growth as total bank credit hit SR3.186tn ($849bn) by June 2025. This milestone reflects a 15.8 per cent increase compared to June 2024, adding more than SR434.4bn ($116bn) year-on-year. According to the Saudi Central Bank (SAMA), this surge underscores robust economic activity and continued financial sector expansion.
The monthly statistical bulletin indicated that total bank credit also rose 2.7 per cent from the previous quarter, gaining SR84.3bn ($22bn) compared to Q1 2025, when it reached SR3.1tn ($827bn). On a monthly basis, credit grew by 0.6 per cent, adding SR18.7bn ($5bn) from May 2025. These figures highlight the momentum driving lending across all sectors.
Growth Across Segments
SAMA reported that credit distribution spanned multiple economic activities, supporting inclusive growth in line with Vision 2030 objectives. Long-term credit, covering periods of more than three years, made up 48.8 per cent of the total, equalling SR1.5tn ($415bn). Meanwhile, short-term credit, with durations under one year, represented 35.8 per cent or SR1.141tn ($304bn). Medium-term lending, ranging between one and three years, accounted for 15.4 per cent at SR490bn ($131bn).
This balanced allocation suggests that businesses and investors can expect sustained financial support across different timelines. It also reinforces the role of diversified credit structures in building economic resilience.
Implications for Businesses and Investors
The rise in credit availability signals expanding opportunities in various sectors. Increased access to financing could accelerate business development, encourage investment, and fuel growth in both traditional and emerging industries. Furthermore, the steady quarterly and monthly increases demonstrate consistent confidence in the market. For investors, these trends provide strong indicators of stability and long-term potential within the Saudi financial system.
