RIYADH: Credit card lending in Saudi Arabia soared to an all-time high of SR31.37 billion ($8.4 billion) in 2024, reflecting a 16 percent annual increase as the Kingdom accelerates its shift toward digital payments.  The latest data from the Saudi Central Bank, also known as SAMA, shows that credit card lending now accounts for 6.66 percent of total consumer financing, more than doubling over the past six years.