Funding was approved for 1,955 projects worth more than 31 million riyals through sponsors and charities

Funding was approved for 1,955 projects worth more than 31 million riyals through sponsors and charities
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Last Modified 21 July 2024


Funding was approved for 1,955 projects worth more than 31 million riyals through sponsors and charities

Social Development Bank: We are determined to provide more services and programs that are in the interest of the nation and the citizen.

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The official spokesman for the Saudi Credit and Savings Bank, Abdulaziz Al-Nasser, revealed the results of the second quarter of supporting and financing micro-projects of the current year 2017 AD, as statistics showed that the bank approved financing (1988) projects with a value exceeding (31) million riyals in various regions and cities of the Kingdom and across a number of projects. Programs approved in cooperation with sponsors and charities.

Al-Nasser added that the aforementioned statistics included the Center for Building Productive Families, Jana, the Aja Charitable Association, the King Abdulaziz Women’s Association in Al-Qassim, the Multi-Purpose Cooperative Association “Harfa”, the Bonyan Women’s Association, the Neighborhood Centers Association, the Al-Ahsa Girl Association, the Majid Charitable Association, and the Charitable Chamber. In Taif, as attached is a detailed breakdown of the number and value of funded projects in design .

Al-Nasser stressed that the bank is determined to provide more services and programs that are in the interest of the nation and the citizen, stressing that the bank is fully aware of the importance of the role assigned to it, and therefore the bank has made it a priority to provide distinguished programs and services easily and quickly.

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