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Saudi Central Bank’s total assets rise by 3.4% to $490bn in September

The SAMA monthly statistical bulletin indicated that the total assets in July and June were SR1.78 trillion and SR1.83 trillion, respectively. Photo/Supplied
The SAMA monthly statistical bulletin indicated that the total assets in July and June were SR1.78 trillion and SR1.83 trillion, respectively. Photo/Supplied
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01 Nov 2023 04:11:38 GMT9
01 Nov 2023 04:11:38 GMT9

Arab News

RIYADH: The Saudi Central Bank, also known as SAMA, reported a 3.4 percent increase in total assets to SR1.82 trillion ($490 billion) in September, up from SR1.76 trillion in August, according to official data. 

The SAMA monthly statistical bulletin indicated that the total assets in July and June were SR1.78 trillion and SR1.83 trillion, respectively. 

However, in September, the central bank’s total assets declined by SR168.4 billion compared to the same period last year. 

The report also revealed that SAMA’s investments in foreign securities decreased by 11.5 percent year-on-year in September, amounting to SR997.9 billion.

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