Searching ways to support small enterprises between Credit Bank and Riyadh Chamber
Riyadh-Amlak
The Director General of the Saudi Credit and Savings Bank, Dr. Ibrahim Al-Hanishal, discussed with a number of members of the Board of Trustees of the Riyadh Center for Small and Medium Business Development, headed by Engineer Mansour Al-Shathri, aspects of cooperation to develop the SME sector in the fields of training, consultations and studies.
The meeting discussed the bank's preparations to organize the Saudi Forum for Small and Medium Enterprises in its next session, which will be an opportunity to highlight this sector
Engineer Mansour bin Abdullah Al-Shathri, Member of the Board of Directors of the Riyadh Chamber and Chairman of the Board of Trustees of the Riyadh Center for Small and Medium Business Development, stressed that the Saudi Credit and Savings Bank is the active government body in supporting and caring for the small enterprises sector, as the Masarat program recently introduced by the bank contributed to achieving the ambitions of small business owners to develop their business and encourage them to work themselves in their establishment.

Al-Shathri expressed his pleasure for the great development in the performance of the Credit Bank, which resulted in facilitating and accelerating the procedures for providing interest-free loans to small enterprises, noting that the Bank plays a major role as a complementary coordinator with all sponsors and government agencies to overcome difficulties and shorten the procedures facing the owners of small enterprises, which will greatly contribute to creating an encouraging environment for citizens to invest and work in this vital sector that contains the majority of job opportunities available in the private sector.

Members of the Board of Trustees praised the Bank's efforts to support the small enterprises sector. The members of the Board of Trustees praised the Masarat program launched by the Bank to support the owners of small enterprises, as it covers all commercial activities in all regions and governorates of the Kingdom, which will contribute to enhancing the role of small enterprises in the national economy, especially since the Bank bears the entire investment cost in enterprises whose cost is less than one million riyals, while the citizen does not bear any percentage of it.

Board of Trustees members praised the Masarat program, which was launched by the Bank to support the owners of small enterprises.