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Banks and finance companies provide SAR 950 billion in real estate loans by the end of the first quarter

Mortgage loans recorded an annualized growth of 15% by the end of Q1 2025, with banks accounting for 97% and individuals for 76%.
Saudi Central Bank

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According to Mortgage loans provided by commercial banks and finance companies in the Kingdom recorded an annual growth rate of 15% by the end of the first quarter of 2025, reaching (950.66) billion riyals, compared to (827.82) billion riyals in the same quarter of 2024, an increase of (122.84) billion riyals, according to the monthly statistical bulletin issued by the Saudi Central Bank for May 2025.

On a quarterly basis, total mortgage loans rose by 4.3% compared to the end of the fourth quarter of 2024, when they stood at (911.56) billion riyals, marking an increase of (39.11) billion riyals.

The data showed that Mortgage loans extended to individuals accounted for the largest share of total loans, reaching (721.9) billion riyals, equivalent to 76% of total mortgage loans, while loans to companies totaled (228.76) billion riyals, representing about 24%.

It should be noted that commercial banks accounted for the largest share of total mortgage financing at 97%, with a value of (922.2) billion riyals, while finance companies provided 3% of the total, amounting to (28.46) billion riyals.