Riyadh, October (پاکستان پوائنٹ نیوز 19 اكتوبر 2025ء) On this occasion, Al-Benyan expressed his gratitude and appreciation to HRH the Crown Prince for this generous trust, praising His Highness’s continuous support for the SME sector, which contributes to enhancing its stability and strengthening its role as one of the key pillars of economic development and a vital enabler in achieving the goals of Saudi Vision 2030.
Al-Benyan noted that the great attention the wise leadership has devoted to the SME sector has been the main driver behind its significant expansion and the rise in financial facilities provided to it over the past years. He affirmed the board’s commitment to fostering the growth of small and medium enterprises, enhancing their contribution to GDP, promoting financial sustainability, and supporting overall economic growth.
The SME Bank was established under a resolution of the Cabinet. The bank operates under the umbrella of the NDF, aiming to expand the total lending portfolio within the financial sector, bridge the financing gap, strengthen the contribution of financial institutions in offering innovative financing solutions, and promote financial stability in this vital and dynamic sector.
