Bank for Social Development approves funding for a number of projects

Monday-2017-10-23

The Bank for Social Development approved the funding of a number of development projects in all regions of the Kingdom. The spokesman of the Bank, Abdulaziz Al-Nasser, confirmed that the Bank had adopted funding for 223 projects for men and women and, in value (41.032,346), diversified between enterprises (service, professional and commercial) in various regions of the Kingdom.

The Bank for Social Development approved the funding of a number of development projects in all regions of the Kingdom. The spokesman of the Bank, Abdulaziz Al-Nasser, confirmed that the Bank had adopted funding for 223 projects for men and women and, in value (41.032,346), diversified between enterprises (service, professional and commercial) in various regions of the Kingdom.

The Bank also approved its funding for 37 mobile sales vehicles (Foud Turk) in a total value (5.88) in several cities of the Kingdom.

Nasser said that in its support and financing for small and emerging enterprises, microenterprises and productive families, the Bank sought to achieve the Kingdom ' s vision 2030 by raising the contribution of SMEs to GDP from 20% to 35%, in addition to spreading a culture of self-employment and encouraging young people and girls to enter the business world and realize their dreams and aspirations, with a positive impact on homeland and citizens at the economic and social levels. I'm sorry.