SME Bank Saudi Arabia allocates SAR 10bn to support local SMEs


The SME Bank, in partnership with a number of financing and investment agencies from Saudi Arabia, has allocated during the first half of 2023 more than SAR 10bn (US$2.67bn) for small and medium enterprises across the country.

This comes as an extension of the effective partnership between the bank’s system, government agencies, financing and investment agencies, and within the framework of the continuous support and interest of the government to develop SMEs with the aim of enhancing their growth by providing a package of various financing products and solutions.



All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.