The Saudi Arabian Monetary Authority (SAMA) possessions reached in January around SAR1.87 trillion (USD496 billion), a drop of SAR33.5 billion (USD8.9 billion) compared to Dec., revealed the latest statistics.
According to the monthly bulletin issued by SAMA on Thursday, SAMA possessions dropped around SAR38 billion (USD10.1 billion) compared to Jan. 2018 while investments of SAMA in securities abroad relapsed, reaching SAR1.197 trillion (USD319 billion) at the end of Jan.
January saw the highest average of coin currency trading around SAR213.9 million (USD57 million), revealed the statistics.
Real estate loans from commercial banks totaled around SAR240.2 billion (USD64 billion) during the fourth quarter of 2018. The amount was distributed as follows: SAR98.8 billion (USD26.3 billion) to companies and SAR141.3 billion (USD37.6 billion) to individuals.
The monthly bulletin showed that around 9,000 contracts for real estate funding were provided to individuals by banks during January. They included around 3,520 villas and 562 housing apartments. Also, real estate funding to purchase around 349 lands was provided.
Consuming loans totaled around SAR323.6 billion (USD86.3 billion) while credit cards loans reached around SAR15.3 billion (USD4 billion) in Q4 2018.
Real estate loans from real estate firms reached around SAR16 billion (USD4.2 billion) distributed between SAR2.788 billion (USD743.4 million) to companies and SAR13.3 billion (USD3.5 billion) to individuals during Q4 in 2018.
