Financing for Small, Medium, and Micro Enterprises Reaches 489.2 Billion Riyals by the End of Q1 2026
Financing for Small, Medium, and Micro Enterprises Reaches 489.2 Billion Riyals by the End of Q1 2026
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The total volume of credit facilities extended to small, medium, and micro enterprises by the banking and finance sector in Saudi Arabia reached 489.2 billion riyals by the end of the first quarter of 2026, an increase of 28% compared to the same period in 2025.
Financing provided by the banking sector reached approximately 466.7 billion riyals, representing about 95% of total facilities, while facilities provided by finance companies reached 22.5 billion riyals, according to data from the Saudi Central Bank (SAMA).
In the Kingdom, medium-sized enterprises are classified as those with annual revenues ranging from 40 to 200 million riyals or having between 50 and 249 employees. Small enterprises are those with annual revenues between 3 and 40 million riyals or 6 to 49 employees, while micro-enterprises are those with annual revenues of less than 3 million riyals and fewer than 5 employees.
The following table details the facilities provided to small, medium, and micro enterprises by the lending sector:
Facilities Provided to Small, Medium, and Micro Enterprises by Lending Sector (Billion Riyals)*
Period
Banking Sector
Finance Companies
Total
Annual Change
Q1 2021
175.46
12.97
188.43
+ 40%
Q2
184.76
13.46
198.22
+ 25%
Q3
186.22
14.16
200.37
+ 14%
Q4
188.59
14.64
203.23
+ 12%
Q1 2022
203.41
15.27
218.68
+ 16%
Q2
205.61
15.39
221.00
+ 11%
Q3
212.57
15.47
228.03
+ 14%
Q4
213.23
16.08
229.30
+ 13%
Q1 2023
234.95
17.28
252.23
+ 15%
Q2
245.34
17.31
262.66
+ 19%
Q3
251.64
16.93
268.57
+ 18%
Q4
258.30
17.28
275.58
+ 20%
Q1 2024
275.73
17.70
293.43
+ 16%
Q2
289.80
17.61
307.40
+ 17%
Q3
311.77
17.46
329.23
+ 23%
Q4
333.50
18.22
351.72
+ 28%
Q1 2025
364.50
18.84
383.34
+ 31%
Q2
402.14
19.10
421.25
+ 37%
Q3
427.68
19.23
446.91
+ 36%
Q4
446.65
21.93
468.57
+ 33%
Q1 2026
466.66
22.53
489.19
+ 28%
*Data updated periodically.
According to the data, medium-sized enterprises led the total volume of facilities with about 230.4 billion riyals, representing 47% of the total, followed by small enterprises with about 169.7 billion riyals, and micro-enterprises with 89.1 billion riyals.
Facilities Provided to Small, Medium, and Micro Enterprises (Billion Riyals)
Enterprise Type
Value
Percentage of Total
Medium
230.36
47%
Small
169.74
35%
Micro
89.09
18%
Total
489.19
100%
Medium-sized enterprises accounted for 47% of the total facilities provided by the banking sector by the end of Q1 2026, equivalent to 220.7 billion riyals, while the share of small enterprises reached 160.4 billion riyals, and the share of micro-enterprises reached approximately 85.5 billion riyals, as shown in the following table:
Facilities Provided by the Banking Sector (Billion Riyals)
Enterprise Type
Micro
Small
Medium
Total
Q1 2021
8.34
39.67
127.45
175.46
Q2
8.47
44.18
132.11
184.76
Q3
11.14
45.08
129.99
186.22
Q4
9.37
50.59
128.64
188.59
Q1 2022
13.83
54.04
135.54
203.41
Q2
14.94
55.78
134.88
205.61
Q3
14.37
61.55
136.64
212.57
Q4
15.18
65.08
132.97
213.23
Q1 2023
19.62
70.25
145.09
234.95
Q2
20.21
75.70
149.43
245.34
Q3
21.35
77.87
152.42
251.64
Q4
22.32
84.09
151.89
258.30
Q1 2024
26.80
95.19
153.74
275.73
Q2
31.13
98.26
160.41
289.80
Q3
33.50
104.15
174.12
311.77
Q4
39.60
113.98
179.93
333.50
Q1 2025
50.76
131.15
182.59
364.50
Q2
57.40
145.78
198.96
402.14
Q3
62.99
152.87
211.81
427.68
Q4
80.07
154.42
212.16
446.65
Q1 2026
85.55
160.37
220.75
466.66
Medium-sized enterprises accounted for 9.6 billion riyals of the total facilities provided by finance companies, while the share of small enterprises was about 9.4 billion riyals, and micro-enterprises was about 3.5 billion riyals, as shown in the following table:
Facilities Provided by Finance Companies (Billion Riyals)
Enterprise Type
Micro
Small
Medium
Total
Q1 2021
2.79
5.63
4.55
12.97
Q2
2.70
6.10
4.66
13.46
Q3
2.77
6.61
4.78
14.16
Q4
2.94
6.77
4.93
14.64
Q1 2022
3.15
7.22
4.90
15.27
Q2
3.17
7.26
4.97
15.39
Q3
3.42
7.17
4.87
15.47
Q4
3.20
7.54
5.34
16.08
Q1 2023
2.92
8.30
6.06
17.28
Q2
2.95
8.18
6.19
17.31
Q3
2.68
8.04
6.21
16.93
Q4
2.58
8.19
6.52
17.28
Q1 2024
2.59
8.26
6.85
17.70
Q2
2.57
8.14
6.90
17.61
Q3
2.64
7.88
6.93
17.46
Q4
2.59
8.27
7.36
18.22
Q1 2025
2.75
8.46
7.62
18.84
Q2
2.71
8.53
7.87
19.10
Q3
2.65
8.72
7.86
19.23
Q4
3.22
9.35
9.36
21.93
Q1 2026
3.54
9.38
9.61
22.53
Saudi bank loans
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Original source: Argaam
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