{
}
[Source]
Saudi Arabia's banking sector experienced a robust lending expansion, with total credit reaching SR3.1 trillion, a 16.26% year-on-year increase, primarily driven by corporate lending. Real estate led the corporate loan mix, growing 40.5% to SR374.5 billion, reflecting heightened demand for housing and infrastructure under Vision 2030. The shift towards business-driven growth is evident as retail lending's share declines, while the quality of lending improves across sectors, with banks diversifying portfolios towards lower-risk areas.
Mckinsey & Company Inc. Italy
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
mckinsey embraces ai to transform consulting operations and workforce dynamics
02:10 03.06.2025
saudi banking sector experiences robust growth and shifts towards innovative lending models
14:28 05.05.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: