The real estate loans granted by commercial banks in the Kingdom to individuals at the end of the first quarter 2016 witnessed an increase by 11% to reach 106.3 billion riyals, compared to about 95.6 billion riyals during the same period last year, while the total real estate loans granted to individuals and companies amounted to about 193.7 billion riyals.

A report prepared by Arqaam stated that consumer loans recorded an increase of 6 % by the end of the first quarter of this year compared to the same period of the previous year, reaching 334.3 billion riyals.

Consumer loans include loans for renovating, improving and furnishing real estate, car and equipment loans, consumer loans for education, health, tourism, travel, furniture, durable goods and other loans.

Consumer loans include loans for education, health, tourism, travel, furniture, durable goods and other loans.

Credit card loans increased by the end of the first quarter of 2016 by about 8TP3T to reach 10.3 billion riyals, compared to the same period in 2015, when they amounted to 9.6 billion riyals.