Riyadh - Sharikat Mubasher: The Small and Medium Enterprise Bank (SME Bank) plans to finalize 19 partnership agreements exceeding SAR 3 billion during the Development Finance Conference MOMENTUM 2025, according to the official spokesman, Yasser Al-Hakami.

The agreements aim to empower the SME finance sector and promote financing opportunities in partnership with commercial banks, financing companies, and the private sector, Al-Hakami revealed in an interview with the Saudi Press Agency (SPA) on the sidelines of the event.

Along with finalizing strategic agreements, the bank participates in MOMENTUM 2025 to empower the SME sector and reaffirm Saudi Arabia’s leading position in the finance ecosystem, notably in development finance, Al-Hakami noted.

The National Development Fund (NDF) organizes MOMENTUM 2025 from 9 to 11 December, gathering princes, ministers, high-ranking officials, CEOs, global leaders, development experts, and economists.

It underscores Saudi Arabia’s commitment to driving sustainable development, embodying the NDF's role in supporting comprehensive development transformation and enhancing integration among national development funds and banks.