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Saudi Arabia

Saudi fintech start-up ‘Lendo’ set to unlock invoice financing...

Lendo, the peer-to-peer (P2P) lending marketplace that offers small and medium-sized enterprises... (more…)

#Lendo

Saudi Arabia’s SABIC and NCB sign deal to finance...

The National Commercial Bank (NCB) has signed a memorandum of understanding with the... (more…)

#bank#small businesses#smes


Saudi British Bank joins R3 blockchain consortium

Trade finance-focused Saudi British Bank has announced partnering with blockchain company R3... (more…)

#blockchain


SABB named ‘Best Trade Finance Bank’ by Global Finance...

SABB (Saudi British Bank) has been named by Global Finance magazine as the “Best Trade Finance Bank” in ... (more…)

#bank#international#International Trade


‘Best Trade Finance Bank’ 2017 results announced by Euromoney

Euromoney’s recent survey has revealed that... (more…)

#bank#receivables#trade


Government guarantees for SMEs reached SR 1.95 billion

Saudi- Kafala Programme issued SR 1.95 billion worth of guarantees since its start in 2006. (more…)

#bank#conference#guarantees


Saudi SMEs risk losing main liquidity donors

Commercial goods SME traders and manufacturers will need to look for alternative sources of liquidity. (more…)


SAMA chief calls on improving conditions for SMEs

Muhammad Al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), has emphasized the need for increasing the contribution of small…

#banks#GDP#international


ITFC announce $1.6bn H1 trade finance operations

In its mid-year financial report for 1429 (2008), the International Islamic Trade Finance Corporation (ITFC) announced the execution of trade…

#bank#international#Islamic Development Bank


ABN AMRO, Saudi Hollandi Bank and Atradius DSB close...

ABN AMRO, Saudi Hollandi Bank and Atradius use a new innovative structure to finance the purchase, by HUTA, of a…

#ABN AMRO#Atradius#bank


Export credit insurance industry grows rapidly

The export credit insurance industry has witnessed rapid growth during this decade, said Abdul Rahman Taha, general manager of ICIEC.…

#export credit insurance#insurance#Two

3i Infotech expands in Saudi Arabia

3i Infotech is launching a fully owned subsidiary, 3i Infotech (Saudi Arabia), and will set up offices in Riyadh, Jeddah…

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