On the occasion of the eighty-seventh National Day of the Kingdom of Saudi Arabia..

On the occasion of the eighty-seventh National Day of the Kingdom of Saudi Arabia..
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Last Modified 21 July 2024


On the occasion of the eighty-seventh National Day of the Kingdom of Saudi Arabia..

Director General of the Social Development Bank: Thanks to God, we are blessed with a safe country, wise leadership, and an ambitious people.

 

His Excellency the Director General of the Social Development Bank, Dr. Abdullah bin Abdulrahman Al-Namlah, extended his warmest congratulations and blessings on the occasion of the seventh National Day. The eighty for the Kingdom of Saudi Arabia, where His Excellency said: “On my own behalf and on behalf of the male and female employees of the Social Development Bank, I congratulate the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and his faithful Crown Prince, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, may God protect them, and the Saudi people.” “On this occasion, dear to our hearts.”

 

Dr. Al-Namlah mentioned during his statement: " When we contemplate the countless blessings we have with a secure homeland, wise leadership, and an ambitious people, we can only thank God for all those blessings, which were achieved thanks to God and then thanks to the wisdom of the wise leadership led by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and with the help of the faithful. From the people of this generous country, we even compete with our giving with the developed countries of the world.

 

 

Dr. Al-Namla continued his speech by saying: " The insight of the leaders of this country is clear since the era of the founder, King Abdulaziz, may God have mercy on him, and those who followed him among his sons, the kings, may God have mercy on them all, until the era of the Custodian of the Two Holy Mosques, King Salman, may God protect him, to move it along the path of developed countries, by building a strong and balanced state in all aspects politically. Whether or not economic, at the internal and external levels.

 

Dr. Ant confirmed:" We are part of this country and we work for it and we believe, feel and realize the responsibility placed on us, which prompts us to make every effort to contribute to its advancement. We would like to point out the achievements we have achieved at the Social Development Bank during the past and current period, as we are working hard to achieve the aspirations of our wise leadership. In moving towards the Kingdom’s Vision 2030 in the areas of supporting, financing and caring for small and emerging enterprises, micro-enterprises and productive families (and raising the percentage of their gross domestic product), contributing to societal stability through social loans, and contributing to raising the financial awareness of citizens through the bank’s efforts in the field of saving.

 

We were able, thanks to God and then with the efforts of the bank’s male and female employees, to break the barrier of 100 billion riyals in our lending portfolios and achieve... A number of achievements, most notably the disbursement of more than (2.5) million social loans (marriage, family, renovation) with a value exceeding (95) billion riyals since the establishment of the bank until the end of the second quarter of 2017 AD, while more than (40) thousand were supported, financed and sponsored A productive project for the sons and daughters of the nation exceeding (5.5) billion riyals, and we are still striving and working to achieve the aspirations and ambitions of the honorable citizen.

 

Ant concluded his speech: We hope that God will continue to bless our country with the blessing of security, safety and stability and to help us achieve what we aspire to. Our rulers and what our brothers and sisters, citizens, in our beloved kingdom expect from us.

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