The Social Development Bank signs a cooperation agreement with the Ministry of Human Resources and Social Development to provide a surveyor

The Social Development Bank signs a cooperation agreement with the Ministry of Human Resources and Social Development to provide a surveyor
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Last Modified 21 July 2024


The Social Development Bank signs a cooperation agreement with the Ministry of Human Resources and Social Development to provide a surveyor

The Ministry of Human Resources and Social Development and the Social Development Bank signed a cooperation agreement to provide free spaces to host the “Yamam Café” project, at the Ministry’s headquarters, through productive families registered with the Bank.

In the presence of His Excellency the Assistant Minister of Human Resources and Social Development, Engineer Mohammed bin Nasser Al-Jasser, and the CEO of the Social Development Bank, Mr. Ibrahim bin Hamad Al-Rashed .
The agreement was signed by the Undersecretary for Support Services, Mr. Musaed bin Abdulaziz Al-Daoud, and on the bank’s part, the Executive Vice President for Social Finance, Mr. Sultan bin Abdulaziz Al-Hamidi, at the Ministry’s headquarters .
By launching the Yamam Café initiative, the bank is working to achieve sustainable economic empowerment for the groups served within its work, and to develop and innovate a group of financial and non-financial services to provide everything that contributes to empowering these families and creating appropriate job opportunities for them to build and develop their skills, in addition to providing relevant products. Quality and competitive prices for the employees of the entities in accordance with the best commercially approved practices, to achieve sustainable financial returns, increase their sales and develop their products, as the bank helps these families in marketing their products and delivering them to sales centers, through a work space equipped to prepare and sell food products, and the bank has opened 14 outlets for families, It aims to open 46 outlets in a number of government and private agencies in a number of regions of the Kingdom during the coming period.

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