Saudi Central Bank releases number of New Mortgages Contracts until October 2020

Residential new mortgage loans for individuals reached 234,466 contracts with value of 109.2 billion, until October 2020, exceeding all mortgages provided by all real estate financing institutions and banks in 2019 and 2018. Until October 2020, according to the monthly report issued by Saudi Central Bank “SAMA”, they registered a growth of 73% in the...

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