The Social Development Bank approves financing for a number of projects

The Social Development Bank issued its approval to finance a number of development projects in all regions of the Kingdom, as the bank’s official spokesman, Abdulaziz Al-Nasser, confirmed that the bank approved financing (223) projects for men and women, with a value of (41,032,346) riyals, which varied between (service, professional, and commercial) projects. ) in various regions of the Kingdom.

The Social Development Bank issued its approval to finance a number of development projects in all regions of the Kingdom, as the bank’s official spokesman, Abdulaziz Al-Nasser, confirmed that the bank approved financing (223) projects for men and women, with a value of (41,032,346) riyals, which varied between (service, professional, and commercial) projects. ) in various regions of the Kingdom.

The bank also approved financing for (37) mobile vending trucks (food trucks), with a total value of (5,887,000) riyals in a number of cities in the Kingdom.

Al-Nasser said that the bank seeks, in its support and financing of small and emerging projects, micro-enterprises, and productive families, to achieve the Kingdom’s Vision 2030 by raising the contribution of small and medium enterprises to the gross domestic product from 20% to 35%, in addition to spreading the culture of self-employment and encouraging young men and women to enter the world of business. And achieving their dreams and ambitions, which has a positive impact on the country and the citizen on the economic and social levels .