Lending conditions give priority to the projects that are intended at least-developed cities and municipalities in the Kingdom. Maximum lending shall be 50% of project’s approved cost from Ministry of Finance and shall not exceed SR 100 million.
The Social Development Bank, the main source of financing in the field of small and emerging projects aimed at empowering young girls and to contribute to an active and influential role in the economic revival of the country.
Designed Saudi Credit and Savings trails program to be a supporter of youth and girls who have the desire and ambition to practice self-employment and blaze a trail of success toward autonomy by owning their own business arm, and is characterized by paths program Bhmolath for all business activities, without specifying a particular activity which gives the area welcome the owners of ideas to choose what fits with their interests and abilities, and the program was adopted in the division of five tracks on the quality of the project in terms of size of investment, or those projects that collects certain properties or those entrepreneurs who share similar attributes, and the trails program on a number of goals that will strengthen the national economy and provide social welfare for the homeland and the citizen
Funding small and medium enterprises (SMEs) that might not be able to source financing through normal banking channels.
Riyad Bank Kafala Program provides a wide range of financing solutions tailored to SMEs in the Kingdom.
Kafala program offered by Riyad Bank ensures the facilities for fixed assets purchase or capital financing for the project, as well as all works based on the contracts.
Kafalah Program aims to provide access to finance in partnership with the Saudi Industrial Development Fund (SIDF). Backed by this programme, Saudi banks will be in a position to finance eligible customers up to SAR 2 million
The Kafalah Programme aims to provide access to finance in partnership with the Saudi Industrial Development Fund (SIDF). Backed by this programme, Saudi banks will be in a position to finance eligible customers up to SAR 2 million.
Kafala Program is a collaboration between the Ministry of Finance, represented by the Saudi Industrial Development Fund (SIDF) and Saudi banks, which aims to promote financing to Small and Medium Enterprises (SMEs) within the Kingdom of Saudi Arabia
Through this program, the bank will offer credit facilities and simultaneously,Kafala Program will issue a guarantee to the bank, covering up to 1.6 million