Last Modified 21 July 2024
The Social Development Bank and Gulf International Bank launch an initiative to enhance the ability of enterprises to obtain financing
His Excellency the Minister of Human Resources and Social Development, Engineer Ahmed bin Sulaiman Al Rajhi, inaugurated the digital financing platform for micro and small enterprises in Saudi Arabia during the video meeting attended by His Excellency the Chairman of the Board of Directors of Gulf International Bank – Saudi Arabia, Engineer Abdullah bin Mohammed Al-Zamil, His Excellency the CEO of the Social Development Bank, Mr. Ibrahim bin Hamad Al-Rashed, His Excellency the CEO of the Gulf International Bank Group, Mr. Abdulaziz bin Abdulrahman Al-Halisi, His Excellency the CEO and founder of the Beehive Financial Technology Group, Mr. Craig Moore, and His Excellency the General Manager of Beehive Saudi Arabia, Eng. Nizar Al Marhi. This comes within a strategic cooperation between the Social Development Bank and the Gulf International Bank - Saudi Arabia to enhance the ability of micro and small enterprises to obtain rapid financing. This cooperation aims to develop innovative products through modern financial technologies, through a digital financing platform provided by Gulf International Bank - Saudi Arabia, in cooperation with the financial technology company (Beehive).
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