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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:

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
 
Central Region
Khalid Al-Taher Regional Coverage Manager
Tel: 011-8744378
 
Western Region
Abdullah Oraif Regional Coverage Manager
Tel: 012-2242240

Eastern Region
Wael Al-Sinan Regional Coverage Manager
Tel: 013- 8103182

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