The assets of the Saudi Arabian Monetary Agency (SAMA) increased by 25 billion riyals within one month, to reach 1.836 trillion riyals (489.6 billion dollars) by the end of August 2020.
According to Arabiya Net, this announced figure comes within the monthly statistics of the Saudi Arabian Monetary Agency, which it announced on Monday, compared to the balance of 1.811 trillion riyals at the end of last July.
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highlights the importance of stability and the increase in this value of assets, which form part of the Saudi reserves, as they come in light of the emerging Corona pandemic and its global repercussions.
The total assets of the banking system at the end of last August rose to 3.998 trillion riyals, compared to 3.956 trillion riyals, at the end of July.
The data revealed a decrease in the value of banks' liabilities from the government to 429 billion riyals, compared to 433 billion riyals in July.
Bank liabilities from the private sector rose during last August to 1.699 trillion riyals, compared to 1.487 trillion riyals, in August of last year, and compared to 1.684 trillion riyals in the previous month .