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

Saudi-Egyptian VC firm Edafa to invest $10mn in Egyptian startups this year
News
Calendar Icon
February 26, 2026
Saudi-Egyptian VC firm Edafa to invest $10mn in Egyptian startups this year
Read More
Presight-Shorooq $100mn global AI innovation fund backs five startups
News
Calendar Icon
February 25, 2026
Presight-Shorooq $100mn global AI innovation fund backs five startups
Read More
HADAF: Forsah platform facilitates opportunities worth over SAR 5 bn
News
Calendar Icon
February 24, 2026
HADAF: Forsah platform facilitates opportunities worth over SAR 5 bn
Read More
HUMAIN invests $3bn in xAI’s Series E funding round
News
Calendar Icon
February 18, 2026
HUMAIN invests $3bn in xAI’s Series E funding round
Read More
Origen secures $50m strategic investment from Bluefive Capital
News
Calendar Icon
February 18, 2026
Origen secures $50m strategic investment from Bluefive Capital
Read More
Flextock secures $12.6mn Series A to support regional expansion
News
Calendar Icon
February 17, 2026
Flextock secures $12.6mn Series A to support regional expansion
Read More
Stake raises $31mn in oversubscribed Series B
News
Calendar Icon
February 17, 2026
Stake raises $31mn in oversubscribed Series B
Read More
CASHIN closes SAR 60 mn series A round led by Impact46
News
Calendar Icon
February 16, 2026
CASHIN closes SAR 60 mn series A round led by Impact46
Read More
Saudi cybersecurity startup Solidrange raises $2.4mn seed round
News
Calendar Icon
February 16, 2026
Saudi cybersecurity startup Solidrange raises $2.4mn seed round
Read More
Madfu closes SAR 95 mn pre-series A to expand BNPL offering
News
Calendar Icon
February 15, 2026
Madfu closes SAR 95 mn pre-series A to expand BNPL offering
Read More