More than (1461) billion riyals in loans granted by banks to the government and private sector

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The monthly bulletin issued by the Monetary Authority showed that the total loans granted by banks to the government and private sector by the end of October 2015 amounted to 1461.6 billion riyals.

According to the report quoted by Arqaam, loans provided by Saudi banks and banks to the private sector by the end of October 2015 rose to 1351 billion riyals, an increase of 5%, compared to the same period last year, which then amounted to 1287 billion riyals.

According to the report quoted by Arqaam.

Loans to the government sector amounted to about 110.6 billion riyals, an increase of 13% compared to the same period last year.