Saudi Credit and Savings Bank (SCSB) has set the value of its financing for micro-entrepreneurs“ projects within the path of localization of the telecommunications and accessories sector. The bank explained that the financial financing provided to entrepreneurs is a good loan, as the financing is calculated on the customer without interest, in addition to the possibility of paying it in easy installments with free training without any fees and a repayment period up to six years.

Saudi Credit and Savings Bank (SCSB) said in a statement. The bank said in a statement that the financing steps consist of two stages, the first of which is the initial assessment stage, which is through the National Entrepreneurship Institute ”Riyada“ with the participation of the bank, in which the conditions are verified, in preparation for the interview before engaging in the training process and helping youth in building the business plan for the project, while the advanced assessment stage comes, where the ”Credit Bank" evaluates the business plan, issues approval, then signs the contract, and disburses payments.

The bank said in a statement that the financing steps consist of two stages.

Saudi Credit and Savings Bank's announcement comes as part of its participation in activating the decisions to localize the telecommunications and accessories sector for Saudi youth.