This corresponded to a monthly growth rate of 1.2 percent from the previous month’s SR1.99 trillion in September.
On the other hand, commercial banks’ lending to the government and quasi-government entities sector fell by a monthly SR13.1 billion to reach SR546.9 billion, reflecting a decline rate of 2.3 percent.
Looking at the banks’ total assets, official data showed that they grew by SR42.1 billion compared to the previous month to hit SR3.19 trillion. The monthly growth rate stood at 1.3 percent.
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