FX.co ★ Saudi Arabia’s Private Sector Lending Growth Edges Up to 6.0% in August

Saudi Arabia’s private sector loan growth strengthened in August 2026, with the year-over-year rate rising to 6.00%, up from 5.60% in July 2026. The data, updated on 30 September 2026, indicate a modest acceleration in credit expansion to businesses and households.

The figures are based on a year-over-year comparison, where the August reading reflects the change in private sector loans relative to August of the previous year, while the July figure measures the change against July a year earlier. The uptick from July to August suggests a slightly firmer credit demand environment within the Saudi private sector as the second half of 2026 progresses.