Last Modified 21 July 2024
Director General of the Bank: The Bank’s association with the National Development Fund will support its objectives and increase the efficiency of its programs
His Excellency the Director General of the Social Development Bank, Dr. Abdullah bin Abdul Rahman Al Namlah, appreciated the royal order issued to establish a fund called the “National Development Fund,” to which the Social Development Bank and a number of development funds are organizationally linked.
His Excellency the Director General of the Social Development Bank, Dr. Abdullah bin Abdul Rahman Al Namlah, appreciated the royal order issued to establish a fund called the “National Development Fund,” to which the Social Development Bank and a number of development funds are organizationally linked.
Dr. Al-Namla, on his own behalf and on behalf of the bank’s male and female employees, expressed his thanks and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, may God protect them for what the government is putting forward. Rational is an organization whose primary goal is to achieve integration in order to unify government financing efforts and place all funds under one umbrella. This in turn leads to comprehensive planning and directing financing activities to various areas of development, which is one of the important foundations in advancing development.
Dr. Al-Namlah stressed that the state, may God protect it, has spared no effort in its orientation towards various areas of development at all levels, social and economic, as we notice this through drawing development plans and organizing legislation that aims to achieve the Kingdom’s Vision 2030.
Dr. Al-Namla concluded by saying that the Social Development Bank’s association with the “National Development Fund” will support the bank’s objectives and raise the efficiency of its programs directed towards microfinance and the development and sponsorship of micro-enterprises.
His Excellency the Director General of the Social Development Bank, Dr. Abdullah bin Abdul Rahman Al Namlah, appreciated the royal order issued to establish a fund called the “National Development Fund,” to which the Social Development Bank and a number of development funds are organizationally linked.
Dr. Al-Namla, on his own behalf and on behalf of the bank’s male and female employees, expressed his thanks and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, may God protect them for what the government is putting forward. Rational is an organization whose primary goal is to achieve integration in order to unify government financing efforts and place all funds under one umbrella. This in turn leads to comprehensive planning and directing financing activities to various areas of development, which is one of the important foundations in advancing development.
Dr. Al-Namlah stressed that the state, may God protect it, has spared no effort in its orientation towards various areas of development at all levels, social and economic, as we notice this through drawing up development plans and organizing legislation that aims to achieve the Kingdom’s Vision 2030.
Dr. Al-Namla concluded by saying that the Social Development Bank’s association with the “National Development Fund” will support the bank’s objectives and raise the efficiency of its programs directed towards microfinance and the development and sponsorship of micro-enterprises.
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