Saudi Credit and Savings Bank (SCSB) signed contracts with 24 male and female entrepreneurs to finance projects in the Excellence and Emerging tracks within the Small and Emerging Enterprises Support and Financing Program «Masarat» worth more than 32 million riyals during the customer contract signing meeting program organized by the bank at the headquarters of the Small and Emerging Enterprises Sector at the General Administration last week. During the meeting, a visual presentation was given about the mandatory financing, the grace period and its start, the repayment period, the type of installments and the mechanism of disbursement of payments, in addition to providing them with the numbers and email of the care department to provide them with assistance in case they face any future issues in their projects, and the funded projects included multiple activities, including plants for plastics, aluminum, fiber optics, oil production and refining The bank's official spokesman, Ahmed Al-Jabreen, explained that the total amount of contracts signed was close to 33 million riyals, benefiting 24 entrepreneurs and pioneers in the excellence and emerging tracks, including two women's projects, one of which is a business services center and the other is a parenteral nutrition center, while the projects varied between service, industrial and medical projects.
Al-Jabreen stressed that the Bank follows the policy of supporting and financing small and emerging enterprises that the project should be of economic value that benefits the country and the citizen in the first place, and that project owners should work themselves in their projects while minimizing the use of expatriate labor, so that the support comes within the pioneering role that the Bank seeks to contribute in reducing unemployment and encouraging self-employment by supplying the market with projects that benefit the country and the citizen.

The support comes within the Bank's leading role in contributing to the reduction of unemployment and encouraging self-employment by supplying the market with projects that benefit the country and the citizen.