The Bank for Social Development is launching a horizon product to finance existing small enterprises.

Tuesday-2020-08-18

The Social Development Bank launched a " horizon " product to finance small-scale enterprises with a funding value of up to 10 million rials, and the launch of a " horizon " product from the Bank ' s strategic orientation to support small enterprises with a view to raising their contribution to the local economy and creating employment opportunities for citizens by providing support programmes to enable business leaders to sustain their business projects, as part of the Bank ' s central role. In this regard, His Excellency the Vice-President of the Enterprise Finance Sector, Professor Ahmed Bin Abdullah Al-Zahrani, emphasized that the Social Development Bank was seeking financial and non-financial solutions for business leaders by providing adequate funding, training services and specialized consultations.