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FINANCIAL NEWS
Saudi bank loans exceed USD559 b volume in Q3
18 Dec 2013
(MENAFN) Bank loans and credits exceeded USD559 billion volume in the current year’s third quarter, or an extra USD74 billion over the loans of the second quarter of the current year which was at USD485 billion, according to Arab News.
Credits of less than one year valued at USD156.4 billion, while one-to-three-year loans reached USD54.16 billion.
Consumer loans boosted to USD87.14 billion in the third quarter of the current year compared to USD85.62 billion in the second quarter 2013.
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