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FX.co ★ Saudi Arabia Sees Surge in Private Sector Loans Amid Economic Growth

Saudi Arabia Sees Surge in Private Sector Loans Amid Economic Growth

Saudi Arabia's private sector loans witnessed a significant surge in March 2025, climbing to a new high of 15.00%, according to updated data released on April 30, 2025. This increase signifies a positive shift from the 13.80% recorded in February 2025, showcasing an uptick in borrowing activity within the private sector.

The year-over-year comparison highlights a robust economic environment as businesses seek additional capital, reflecting sustained growth and confidence in the Kingdom's economic prospects. The consistent rise from February to March illustrates a trend of increasing demand for financial resources within the private sector.

This growth in credit demand indicates continued expansion and investment potential in Saudi Arabia, driven by governmental economic policies and diversification efforts aimed at reducing dependence on oil. As businesses look to harness these opportunities, the increase in private sector loans underscores a pivotal moment in the nation's ongoing economic transformation.

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