Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) announced that banking deposits decreased by 0.5% to total SAR 1.603 trillion in April 2018 compared to SAR 1.611 trillion in the same month in 2017.

On a monthly basis, banking deposits increased by 0.2% when compared to SAR 1.6 trillion in March 2018.

Deposits under request, which represent 64.5% of total banking deposits in April 2018, went up 2% year-on-year to SAR 1.033 trillion from SAR 1.013 trillion in the same month last year.

On a monthly basis, deposits under request added 2.3% or SAR 22.78 billion when compared to SAR 1.011 trillion in March 2018.

SAMA reported that loans registered a slight decline of 0.14% to SAR 1.407 trillion in April 2018 from SAR 1.409 trillion in the same month a year ago.

Saudi Arabia’s long-term loans grew by 3.3% to SAR 717.18 billion in April 2018 compared to SAR 694.22 billion in the same month last year.

Meanwhile, long-term loans decreased by 7.9% to SAR 420.52 billion in April 2018 from SAR 456.84 billion in April 2017.