The Social Development Bank launches a financing portfolio for health facilities with a financial allocation of 2 billion riyals

As part of the recently announced package of Social Development Bank support initiatives that aim to contribute to alleviating the financial and economic burdens on both individuals and emerging and small enterprises, resulting from confronting the outbreak of the new Corona virus, the bank launched the "Healthcare Portfolio" To support existing and emerging health facilities in 12 health fields licensed by the Ministry of Health, with the aim of supporting the health facilities sector in the Kingdom and to enhance the working capital cycle. The financing scope of this portfolio is characterized by flexible ceilings and financing models depending on the nature and activities of these facilities.