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FINANCIAL NEWS
Saudi consumer loans grow to 24.8pct
12 Dec 2016
(MENAFN) Consumer loans and credit card finance increased to 24.8 percent of bank loans in Saudi Arabia, which reached SAR1.4tr.
Moreover, consumer and credit card loans reached USD94.59bn in Q3 of this year, up to 0.53 percent compared to Q2.
In addition, consumer lending involves 8 categories, car and personal transport, real estate restoration and improvement, furniture and durable goods and others.
Other consumer loans had the biggest share, as it accounted for 16.35 percent of total loans and reached SAR29.8bn in Q3 of this year.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
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30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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