With a total value of (188,499,200) riyals... The Social Development Bank provides its support to (2095) development projects during the quarter

In continuation of the methodology followed by the Social Development Bank in publishing statistics on its support, financing and sponsorship of projects, the Bank revealed the results of the first quarter of the current year 2017 and what was approved and disbursed from small and emerging projects, micro-enterprises and productive families.

In continuation of the methodology followed by the Social Development Bank in publishing statistics on its support, financing and sponsorship of projects, the Bank revealed the results of the first quarter of the current year 2017 and what was approved and disbursed from small and emerging projects, micro-enterprises and productive families.

The official spokesman, Mr. Abdulaziz Al-Nasser, revealed that the bank has approved (2,095) projects with a total value of (188,499,200) riyals, within the “Masarat” program for financing small and emerging projects, which varied between projects (Excellence Path, Emerging Projects Path, Graduate Projects Path). The path of localization of communications, the path of invention, existing projects, micro-projects and productive families) and in all regions of the Kingdom.
Al-Nasser stressed that the bank always seeks to serve the nation’s serious and ambitious young men and women and is keen to provide all facilities to support and finance their projects and lead them towards leadership.