The Saudi Arabian Monetary Authority

Mortgage record a huge jump during 2019 first quarter compared to last year

Saudi Arabian Monetary Authority (SAMA) revealed Tuesday that the residential new mortgages for individuals provided by, both banks and finance companies, have jumped three times in the first quarter of 2019, compared with the same quarter of last year. “The number of residential mortgage contracts for individuals, during this quarter, reached 31,462 financing contracts with...

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