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The Small and Medium Enterprise Bank (SME Bank) was established under the resolution of the Saudi Council of Ministers, No. (376), dated 4/7/1442 AH (corresponding to 16/2/2021). The SME Bank aims to support the Kingdoms Vision goals to raise the SME sectors contribution to the GDP to 35% by 2030 and to increase the volume of financing provided to SMEs to 20% of the total loan portfolio. The bank will be an umbrella for all financing solutions, including debt financing, equity financing, and providing loan guarantees on behalf of SMEs. In line with the Kingdoms Vision 2030 to build a...
Sme bank operates in the Financial services industry.
Sme bank's revenue is $5.50m
Sme bank has 51 - 200 employees.
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