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“Credit and Savings” identifies 5 paths to finance small business owners

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Saudi Credit and Savings Bank revealed that it will open the way for those wishing to obtain financing to support their small and emerging projects through 5 different tracks, including excellence and emerging projects, invention, taxi and transportation, micro projects and productive families.

Saudi Credit and Savings Bank (SCSB) Abdulaziz Al Nasser, spokesperson for the Saudi Credit and Savings Bank (SCSB), explained that the bank's new approach aims to make the Saudi individual the first goal of development by creating templates and financing programs, sponsoring him in the project sector, spreading the culture of financial and developmental awareness, introducing the vital role played by projects to drive economic development, translating the energies of individuals and reflecting them positively on the ground and into outputs that benefit the local labor market and laying the foundations for development.

Nasser pointed out that the bank's new approach works to make the Saudi individual the first goal of development by creating templates and financing programs and sponsoring him in the project sector. Al Nasser pointed out that the Bank's new approach has a social identity by supporting development projects, and works to benefit a larger number of citizens through social loans for the purpose of (marriage, family and renovation), which are granted to the beneficiary for one time only, while opening the way for those wishing to obtain financing for development projects.