The Saudi Investment Bank (SAIB) has launched its first SME Center in Riyadh, Al Warud district, as part of the bank's service system. The SME Center will be a one-stop shop to serve its corporate and institutional clients through specialized staff.

The SME Center will offer a range of banking solutions including working capital financing, capital expenditure financing, trade financing and SME financing in cooperation with the Kafalah program. The SME Center will offer its customers a range of banking solutions (financing and non-financing) including working capital financing, capital expenditure financing, trade financing, SME financing in cooperation with the Kafalah program, corporate internet service, point of sale, payroll transfer, prepaid payroll cards, and cash deposit cards.

The launch of the SME Center is part of the bank's range of services, as the SME Center will be a one-stop shop to serve its corporate and institutional customers through specialized staff. The launch of this specialized center is part of the bank's policy to support the SME sector and enhance its efficiency in the Kingdom's economy by providing easy and innovative banking solutions, and the bank intends to open other regional centers in the Western and Eastern regions soon.