The official spokesperson of the Saudi Credit and Savings Bank (SCSB), Abdulaziz Al-Nasser, denied what was recently circulated in the media regarding the bank's pursuit of procrastinating borrowers and their inclusion in SIMA and the lack of cooperation from government agencies in collecting the installments owed by their employees and raising the monthly installments due.

Nasser described these statements as "misconceptions" by some in search of catchy titles.

Nasser described these phrases as "misconceptions" by some looking for catchy headlines.

Nasser described these phrases as "misconceptions" by some looking for catchy headlines.

Nasser said: The bank is currently forming specialized teams in cooperation with a number of government agencies to collect the monthly installments owed by the employees of those agencies who are late for any reason in the military and civilian sectors and who have stopped repaying loans to the bank.

Nasser said.

He added: The teams will visit government agencies on a weekly basis to collect the bank's dues from employees working in these and other agencies, indicating that the bank finds great cooperation from these agencies.

He added: The teams will visit government agencies on a weekly basis to collect the bank's dues from employees working in these and other agencies.

Al-Nasr explained that the bank does not deduct outstanding installments on the borrower if he is regular and does not have any arrears, indicating that dealing with the bank is either as a borrower and guarantor, so the bank deducts the outstanding installment on the borrower for his basic obligation, or a guarantee that the original borrower did not comply with, so the claim becomes on the guarantor and the deduction starts from the latter's salary in case the original borrower does not comply.

Nasr explained that the bank does not deduct outstanding installments on the borrower if he is regular.