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DatabankOctober 13 2021

Vision 2030 projects drive Saudi loan growth

The country’s two largest banks saw gross total loans increase by about 37% between 2016 and 2020.
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Saudi Arabia’s two largest banks boast similar performances in gross total loan growth over the past five years.

Both National Commercial Bank (now known as Saudi National Bank following the merger with Samba Financial Group in April) and Al Rajhi Bank saw gross total loans increase by about 37% between 2016 and 2020, according to The Banker Database.

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