SME Bank boosts growth with innovative financing programs

user icon
GHADA.ISMAIL
calender icon
Jan 19, 2025
article image

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.


Share

Related News

Rewaa closes $45m Series B to expand AI-powered retail solutions
News
Calendar Icon
December 30, 2025
Rewaa closes $45m Series B to expand AI-powered retail solutions
Read More
Merak Capital backs DSShield with SAR 203 mn investment
News
Calendar Icon
December 30, 2025
Merak Capital backs DSShield with SAR 203 mn investment
Read More
V Booking reaches $60m valuation after $5mn fresh funding
News
Calendar Icon
December 30, 2025
V Booking reaches $60m valuation after $5mn fresh funding
Read More
Oumla raises extension seed round to accelerate infrastructure development
News
Calendar Icon
December 25, 2025
Oumla raises extension seed round to accelerate infrastructure development
Read More
Saudi AI startup Newera.ai raises SAR 8 mn pre-seed round
News
Calendar Icon
December 25, 2025
Saudi AI startup Newera.ai raises SAR 8 mn pre-seed round
Read More
Lucid Capital secures $2.5m seed round led by Tharawat Holding
News
Calendar Icon
December 24, 2025
Lucid Capital secures $2.5m seed round led by Tharawat Holding
Read More
Premialab secures $220mn from KKR to fuel global expansion
News
Calendar Icon
December 18, 2025
Premialab secures $220mn from KKR to fuel global expansion
Read More
iVoiceUp raises funds to boost AI Ethics and compliance techs
News
Calendar Icon
December 15, 2025
iVoiceUp raises funds to boost AI Ethics and compliance techs
Read More
Qwacks closes SAR 1.8 mn pre-seed round led by Merak Capital
News
Calendar Icon
December 8, 2025
Qwacks closes SAR 1.8 mn pre-seed round led by Merak Capital
Read More
Qadi raises Pre-Seed round to build AI compliance platform
News
Calendar Icon
December 8, 2025
Qadi raises Pre-Seed round to build AI compliance platform
Read More