SAMA launches of licenses for non-bank financial institutions

Residential New Mortgages increase with 14.1 billion in February 2021: SAMA

The monthly report issued by Saudi Central Bank “SAMA”, reveals that residential new mortgage for individuals increased by %28 with value of SR 14.1 billion in February 2021. The mortgage loans reached 26,860 contracts with growth %6 comparing to February 2020. The mortgages provided by real estate financing institutions and banks last two months increased...

Continue reading