Mortgage loans in Saudi Arabia continued to grow during the second quarter of 2026, approaching the one trillion riyal mark, driven by an increase in financing directed toward companies, alongside continued growth in loans to individuals, according to the latest data from the Saudi Central Bank (SAMA).
The data showed that total mortgage loans provided by commercial banks to individuals and companies rose by approximately 5% year-over-year by the end of the second quarter of 2026, reaching about 979.7 billion riyals, compared to 930.2 billion riyals in the same period of 2025, an increase of approximately 49.5 billion riyals over the course of the year.
Mortgage loans granted to individuals account for the largest share of total bank mortgage financing, representing approximately 76% of the total. The outstanding balance of these loans at the end of the second quarter of 2026 was approximately 742.95 billion riyals, marking a year-over-year growth of 4% compared to the same period last year.
In contrast, mortgage financing directed toward corporations grew at a faster rate, rising by approximately 11% year-over-year to reach about 236.73 billion riyals by the end of the second quarter of 2026.
These figures indicate the continued expansion of bank mortgage financing in the Saudi market, with corporations emerging as a more active driver of mortgage loan growth during the period, while individuals continued to account for the largest share of total financing.
In parallel with the growth in real estate financing, personal consumer loans rose by 5% during the same period, reaching approximately 491.1 billion riyals.
Consumer loans cover a number of spending categories, including loans for cars and personal transportation, financing for education, healthcare, tourism, and travel, as well as furniture and durable goods, as well as loans for real estate renovation and improvement and other types of consumer financing.
