Value of net loans at banks GCC Q3 2021-Q3 2023
As of quarter three of 2023, the value of net loans at banks in the Gulf Cooperation Council reached 1.85 trillion U.S. dollars. Since the third quarter of 2021, net loans have continued to increase each subsequent quarter. The biggest increase in net loans was recorded between the fourth quarter of 2021 and the first quarter of 2022, jumping by 41 billion U.S. dollars.