Private Credit Growth in Saudi Arabia – Mohammed Al-Quwaiz
Mohammed Al-Quwaiz, Chairman of the CMA Board, emphasizes the steady growth of private credit in Saudi Arabia during the 9th Future Investment Initiative, reflecting strong market confidence and financial sector development.
During his remarks at the Future Investment Initiative (FII9), Mohammed Al-Quwaiz, Chairman of the Saudi Capital Market Authority (CMA), stated that liquidity levels in the Saudi banking sector have reached levels comparable to global standards, reflecting the strength and resilience of the Kingdom’s financial system.
He noted that he remains cautious about private credit globally, given the challenges facing international markets, while highlighting that recent measures have helped ease concerns related to real estate assets.
Al-Quwaiz added that private credit in Saudi Arabia is experiencing rapid growth, although it is still in its early stages. He also pointed out that the Kingdom’s asset management sector has reached a value of SAR 1.2 trillion, reinforcing Saudi Arabia’s position as one of the largest and most attractive financial markets in the region.
He concluded by emphasizing that this is an opportune moment for reassessment.
