Riyadh - Amlak
The Saudi Credit and Savings Bank confirmed the approval of nearly 250 projects during the months of Rabi” II and Jumada I 1434 H with a value of more than (76) million riyals within the support and financing provided by the bank for small and emerging projects for the ”Masarat" program.
This was explained by the bank's spokesperson, Mr. Ahmed Al-Jabreen, stressing that the bank has approved and signed a number of projects during the months of Rabi'II and Jumada I and in multiple tracks, including excellence, invention and start-ups. Al-Jabreen pointed out that the bank opened the way for young men and women who have ideas for projects and have the seriousness and ambition to work on them themselves by applying to the bank through flexible and easy steps through which the young man or woman can obtain financing up to 4 million riyals. Al-Jabreen concluded his statement that the bank has recently witnessed a positive movement towards accelerating lending and financing, and the applicant for the loan has become aware of this positive impact, in addition to the bank seeks through various programs to encourage young people to self-employment and follow up and guide them before and after opening their projects.