More than 95 billion dollars of funding since the foundation

Monday-2017-08-14

The Bank still has a lot to offer its decent clients.

The spokesman of the Social Development Bank, Abdulaziz Al-Nasser, stated that the total disbursement on the social loan side amounted to 2.515.871 social loans valued at 95.279.000.000 rials since the founding of the Bank until the end of the second quarter, 2017m, distributing between marriage, family and restoration loans, and the results showed. About the bank spending 43.578 social loans worth 2.599. 300,000 from the beginning of the current year 2017 to the end of the second quarter of the same year.

Nasser added that the number and value of the marriage loans had taken the first place since the establishment of the bank until the end of the second quarter 2017 (1.179.403) as a marriage loan, while the share of family loans (1.071.217) was a family loan, and housing repair loans (259.241) was a restoration loan.

Nasser has also confirmed that the Bank for Social Development in the past has made steady progress towards progress and development in its services. The Bank has much to offer and has always sought to upgrade its social and economic services by social loans or to support and develop the small and emerging enterprise sector, microenterprises and productive families. I'm sorry.