2025.12.3119:00:00UTC+00Saudi Arabia's Private Sector Loan Growth Slows Further in November

In November 2025, Saudi Arabia's private sector loan growth experienced a further slowdown, dipping to 10.60%. This marks a significant decrease from the previous month's growth rate of 12.00%, according to the latest data updated on December 31, 2025. The figures represent a year-over-year comparison, illustrating the decelerating trend when juxtaposed with the same period in the previous year.

This decline in loan growth is reflective of the broader economic adjustments within the country, as policymakers may be responding to changing economic dynamics. The slow-paced expansion in private sector lending could be driven by various factors, including shifts in borrowing costs, regulatory changes, or evolving business sentiments.

As Saudi Arabia moves towards diversifying its economy away from oil dependency, the banking sector's performance, including private loans, remains a crucial indicator of economic health. These latest figures contribute to an ongoing narrative of how the Kingdom navigates its economic reform agenda, potentially signalling a cautious approach adopted by lenders and borrowers in the current economic climate.

Understanding the implications of this trend is vital for stakeholders and analysts observing the region, as it may provide insight into future policy directions and economic strategies set forth by Saudi authorities. As the next monthly data release approaches, all eyes will remain on whether this slowdown persists into the new year.