3Q 2022 Results Presentation
Banking Sector Highlights | Banking system loans growth was broad based
•
Recent Developments
Broad-based loan growth in the banking system during the nine
months of 2022
SRC has revised up the mortgage subsidies cap rate in early October
2022 for the third time this year and extended the benchmark tenor to
30 years
Consumer spending increased by 9.2% August YoY with continuous
migration to cashless payment methods
Retail Mortgage (SARbn)
15.3%
59.2%
41.4%
41.4%
30.8%
SAMA LDR (%) & Bank Loans and Deposits (SARmn)
79.5%
77.4%
77.1%
75.0%
2,059 2,104
1,943
1,796
1,674
1,783
1,552
1,443
81.5%
2,291 2,241
2018
2019
2020
2021
I Loans to private & public sectors
Source: SAMA
Total Deposits
Aug 22
SAMA LDR
POS/ATM & E-Commerce (SARbn)
1,130
1,039
1,025
74
981
10
39
232
288
814
357
473
78
503
367
446
748
741
315
629
582
198
140
370
2018
2019
Retail Mortgage loans (SARbn)
2020
2021
2Q 22
YoY Growth (%)
2018
2019
2020
ATM withdrawls
POS spending
2021
Aug 22 YTD
■E-Commerce Spending*
Source: SAMA
3 Q 2022 Results Presentation
25
Source: SAMA
* E-Commerce started in 2019
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