I signed it in the Eastern Room with the Social Development Bank

Tuesday-2017-08-15

Development Bank sign a memorandum of understanding for the development of financial culture at small enterprise owners

 

The Bank for Social Development and the East Chamber signed a memorandum of understanding on Monday (14 August 2017) to implement training and rehabilitation programmes with a view to raising the level of " financial culture " of investors in small and medium enterprises and raising the level of their contribution to sustainable national development, in accordance with scientific principles and principles.

 

The memorandum signed by the representative of the Bank, Dr. Abdullah Bin Abdulrahman Al-Namla, and the Secretary-General of room Abdul Rahman bin Abdullah al-Wabal, reads as follows:

Small and medium-sized enterprises (SMEs) support their owners and provide all means to succeed their enterprises and develop their skills and information. As one of its objectives is to raise awareness of financial culture and self-employment awareness in modern ways, the note reflected the willingness of the parties to co-operate for the purposes of raising the educational awareness of private investors on important aspects of SME development and the success of their work in the interest of a decent citizen in the prosperity and success of this given homeland.

The note specified the functions of the Eastern Chamber in nominating trainees from project owners of relevant programmes and training activities (in agreement with bank representatives) and providing appropriate headquarters in the room equipped as available for joint activities and events for the purpose agreed in the note within the appropriate schedules of the parties.

In contrast, the note outlines the Bank ' s commitments to provide scientific material, activities, economic education and awareness programmes for the work of SMEs, as well as to provide lecturers, trainers, material and publications for activities.