Financing of 1.54 billion vectors in the third quarter 2024
The Social Development Bank held its meeting for the third quarter of 2024, chaired by H.E. Minister of Human Resources and Social Development, President of the Board of Directors of the Bank of Engineer Ahmed Bin Suleiman al-Rajjai, and in the presence of Council members, discussing a number of topics on the agenda, with a view to strengthening national efforts to serve citizens and support business leadership in the Kingdom.
The Board was informed of the third quarter performance report, which highlighted the Bank ' s efforts to finance and empower business leaders and develop business models. Funding during the third quarter amounted to 1.54 billion rials, benefiting more than 18,000 citizens from various regions of the Kingdom, with the value of supporting free labour practitioners and productive families of 702 million rials, benefiting 9.6 thousand practitioners and families, and financing of small and emerging enterprises by more than 465.278 citizens, benefiting 1.5 thousand.
Monday-2024-10-14