Micro, Small, and Medium Enterprises (MSMEs)
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.
Basil Abdulrahman Al Alola
Head of Small and Medium Enterprise
Tel: 011-2891946
Mohammed Alnehfawi Regional Coverage Manager
Tel: 011-8744092
Abdullah Oraif Regional Coverage Manager
Tel: 012-2242240
Saleh Al Naim
Regional Manager
Tel: 013-810 3427
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.
| Product | Starting from |
|---|---|
| Short Term Loans | SIBOR + 2.5% per annum |
| Conventional/Islamic Financing MTL & LTL | SIBOR + 3% per annum |
Contact Details
Head Office
Tel: 011-2891946
Central Region
Tel: 011-8744092
Western Region
Tel: 012-2242240
Eastern Region
Tel: 013-810 3427
