SME Bank boosts growth with innovative financing programs

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GHADA.ISMAIL
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Jan 19, 2025
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Riyadh – Sharikat Mubasher: The Small and Medium Enterprises (SME) Bank is driving economic growth and sustainability by empowering businesses through tailored financing programs.

In a statement accompanying its recent media campaign to raise awareness about its financial offerings, the bank emphasized its focus on addressing financing gaps and providing flexible solutions.

These include co-financing initiatives designed to foster partnerships with financial institutions and expand opportunities for businesses.

Additionally, the bank offers agency financing to provide customized solutions tailored to the specific needs of enterprises. It also provides low-cost financing to support competitiveness and reduce financial burdens for entrepreneurs.

The bank highlighted that its financing programs align with its vision to support the private sector as a cornerstone of economic development, with a particular emphasis on enabling SMEs to play a pivotal role in achieving the goals of Saudi Vision 2030.

It also underscored its reliance on advanced digital solutions, which simplify access to appropriate financing. This allows entrepreneurs to improve their financial and operational performance and strengthen their competitiveness in the market.

The SME Bank continues to enhance its programs and financial services to meet the evolving needs of the market, reinforcing the role of SMEs in supporting and advancing the national economy.


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