The net foreign assets of the Saudi Central Bank increased by 2.2 percent year-on-year in November, and by 3.7 percent month-on-month, to reach 1.6 trillion riyals.
Total assets at SAMA amounted to 1.86 trillion riyals in November 2024, an increase of 3.9 percent compared to October of the same year.
In contrast, banks’ demands on the private sector increased by 12.7 percent year-on-year, and by 1.5 percent month-on-month, to reach 2.84 trillion riyals. In the real estate loans sector, total loans provided by commercial banks recorded 846 billion riyals in the third quarter of 2024, an increase of 13 percent compared to the same quarter of 2023.
Source (Al Arabiya.net website, modified)
