Saudi banks post 5.4% loan growth in Q1 as lending accelerates
- Alvarez & Marsal report says growth primarily driven by 7.5% increase in corporate lending
- Loan-to-deposit ratio climbed to 106.1%, up from 104.7% in the previous quarter
Lending
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GCC lending growth hits 3.1% in Q3, Saudi Arabia leads: report
Saudi bank loans reach highest growth rate in 19 months, surpassing $761bn
Saudi banks’ real estate loan portfolios hit $213.5bn in Q1 2024
Saudi bank loans surge to $700bn, fueled by real estate, corporate expansion
Social Development Bank finances $770m to over 30,000 enterprises in Q1
