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The value of consumer loans and credit cards issued by Saudi banks to their customers at the end of the first half of 2019 amounts to about 506.12 billion riyals.
According to the analysis of the press unit of the "economic" newspaper based on the financial statements of Saudi banks, consumer loans and credit cards accounted for 34.2% of total bank loans for all. sectors.
The value of past loans is non-credit, not net, loans from Saudi banks and their branches abroad.
Total bank lending amounted to about 1.48 trillion riyals at the end of the first half of the year, compared to 1.36 trillion riyals at the end of the same period last year, posting a growth of 9.1 %, or 123.66 billion riyals.
Al Rajhi and Al Ahli, two banks accounted for 56% of credit card and personal loans at the end of the first half.
Among the Saudi banks, Al Rajhi Bank was the most creditor with SR 173.9 billion, or 34.4% of the total loans and credit cards provided by Saudi banks to their customers, while constituting 71, 3% of the total of its financing portfolio.
Second, the National Bank with 109.53 billion riyals, accounting for 21.6% of total personal loans and credit cards, and also constitutes 39.6% of the total funding portfolio.
Thirdly, Riyad Bank made 50.323 billion riyals, representing 9.9% of total loans and credit cards and 31.1% of its total financing portfolio.
SABB Bank is the fourth largest bank with 35.712 billion SAR, accounting for 7.1% of all personal loans and credit cards issued by Saudi banks at the end of the first half of 2019 and constituting 18.5% total of its financing portfolio.
Fifth, the Arab Bank was dissolved with 26.282 billion riyals, representing 5.2% of the total loans and credit cards provided by Saudi banks and constituting 21.7% of its total funding portfolio.
AlBilad Bank ranked sixth with 24.258 billion riyals, accounting for 4.8% of personal loans and credit cards, and 44.3% of the total financing portfolio of the bank.
Al-Jazeera Bank reached 21.996 billion riyals, or 4.3 percent of total personal and credit card loans and 50.1 percent of its total financing portfolio.
Eighth, Samba with 17.560 billion riyals, or 3.5% of total personal loans and credit cards and 15.1% of its total financing portfolio.
Alinma Bank is the ninth with 16.759 billion riyals, accounting for 3.3 percent of total personal loans and credit cards and 19.0 percent of its total financing portfolio.
Tenth "Saudi Fransi" with 15.694 billion riyals, or 3.1% of total personal loans and credit cards and 12.6% of the total financing portfolio.
Saudi Investment took the 11th and last place at RS 14.107 billion, representing 2.8% of total loans and credit cards and 24.6% of its total financing portfolio.
* Economic Reporting Unit
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