SAMA: 56% growth in new mortgages' value in March 2021 with SR17.5bn

SAMA: 56% growth in new mortgages’ value in March 2021 with SR17.5bn

The value of new residential mortgage loans for individuals during March 2021 reached an unprecedented record of SR17.5bn; registering an annual growth of 56 percent, and the number of contracts recorded 32,440 contracts, a growth of 37 percent compared to 23,640 contracts worth SR11.2bn in March 2020, according to the monthly report issued by Saudi...

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