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| Saudi Central Bank |
The Saudi Central Bank's assets exceed 2 trillion riyals for the first time in three years.
The assets of the Saudi Central Bank (SAMA) increased to more than 2 trillion riyals in May 2025, by 81.1 billion riyals compared to 1.919 trillion riyals in April 2025. This represents the highest level in nearly three years, specifically since July 2022.
The monthly statistical bulletin issued by SAMA on Sunday, June 29, showed an increase in assets in May 2025 compared to the same month in 2024, despite a 1.5% decrease in deposits held at banks abroad, reaching 436.9 billion riyals, compared to 433.45 billion riyals.
Meanwhile, the Saudi Central Bank's investments in securities abroad, which represent 48% of its total assets, decreased by 5% to approximately SAR 969.5 billion.
Saudi reserve assets rose 4% month-on-month in May, reaching SAR 1.72 trillion, supported by growth in foreign exchange and deposits abroad, while declining 2% year-on-year, according to Saudi Central Bank data.
Bank Profits
Profits of banks operating in Saudi Arabia before tax and zakat also increased, rising 11% year-on-year in May to SAR 8.2 billion, while recording a 5% increase month-on-month.
Government Bonds
According to the statistical bulletin, government bonds, which include internationally issued government bonds and sukuk, purchased by banks from the secondary market, in which Saudi banks invested, rose to SAR 622.897 billion by the end of last May, a value of SAR 5,868 million, compared to SAR 617.03 billion by the end of April 2025.
Foreign Remittances
Furthermore, data from the Saudi Central Bank revealed that foreigners remitted SAR 15.199 billion during last May, an increase of SAR 2,602 million, or 20.7%, compared to their remittances in May 2024, which amounted to SAR 12.597 billion.
Foreign remittances also grew by 20.5%, compared to their remittances of SAR 12.614 billion in April 2025.
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