Entities with sales of SAR 200 Million or below are managed by a specialized team in the Micro, Small, and Medium Enterprises.
SME Banking includes customers with:
Micro Enterprises
Small Enterprises
+0M
SAR
to
3M
SAR
+3M
SAR
to
40M
SAR
Medium Enterprises
+40M
SAR
to
+200M
SAR
Shariah Compliant Credit Products are offered to clients operating in certain industries such as Manufacturing, contracting, and Services. Sharia compliant facilities Includes Tawarruq, Letters of Credit and Letters of Guarantee. Furthermore, The Saudi Industrial Development Fund (SIDF) KAFALA program can be offered to the qualified customers under the scheme.
Product
Starting from
Short Term Loans
SIBOR + 2.5% per annum
Conventional/Islamic Financing MTL & LTL
SIBOR + 3% per annum
Contact Details
Head Office
Banking Service
Tel: 920012599
Bahaa Aldeen Khashogji
Head of Small and Medium Enterprise
Tel: 011-2891693