Policies and Regulations

Last Updated:2023/01/02 Gregorian

In line with the legislative objectives in the Kingdom, the Social Development Bank system was issued by Royal Decree No. (M/34) dated 01/06/1427 AH
It was called the (Saudi Bank for Credit and Savings) system, and many amendments were made to the bank’s system
Perhaps the most prominent of these was the amendment of the name of the bank to the Social Development Bank and the decision to link the Social Development Bank organizationally with the National Development Fund issued by the Council of Ministers No. The Kingdom, and the Bank has worked hard to prepare the executive regulations to contribute to the level of the legislative environment in the Bank in order to achieve the aspirations of the Kingdom's Vision 2030.

 

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