The Saudi Central Bank, also known as SAMA, reported a 3.4 percent increase in total assets to SR1.82 trillion ($490 billion) in September, up from SR1.76 trillion in August, according to official data.
The SAMA monthly statistical bulletin indicated that the total assets in July and June were SR1.78 trillion and SR1.83 trillion, respectively.
However, in September, the central bank’s total assets declined by SR168.4 billion compared to the same period last year.
The report also revealed that SAMA’s investments in foreign securities decreased 11.5 percent year-on-year in September, amounting to SR997.9 billion.
Moreover, SAMA’s deposits with banks abroad amounted to SR376.29 billion, rising 7 percent compared to September last year.
The central bank had assets worth SR256.53 billion in foreign currencies and gold. —AN
