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FX.co ★ Saudi Arabia’s Private Sector Credit Growth Eases Slightly to 7.20% YoY in April

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typeContent_19130:::2026-06-01T09:10:00

Saudi Arabia’s Private Sector Credit Growth Eases Slightly to 7.20% YoY in April

Saudi Arabia’s private sector loan growth moderated in April 2026, with the annual expansion rate easing to 7.20% year-over-year, down from 7.40% recorded previously. The data, updated on 1 June 2026, reflects a slight cooling in the pace at which banks are extending credit to businesses and households.

Both the current and previous readings are based on year-over-year comparisons, measuring April’s loan growth against the same month a year earlier. The latest figure suggests that while credit conditions remain supportive of private sector activity, the momentum of lending is softening marginally compared with the prior month’s annual growth rate.

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