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:
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.
|Short Term Loans
||SIBOR + 2.5% per annum
| Conventional/Islamic Financing MTL & LTL
||SIBOR + 3% per annum
Basil Abdulrahman Al Alola
Head of Small and Medium Enterprise
Mohammed Alnehfawi Regional Coverage Manager
Abdullah Oraif Regional Coverage Manager
Saleh Al Naim
Tel: 013-810 3427