{"id":28707,"date":"2020-03-09T11:49:58","date_gmt":"2020-03-09T08:49:58","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=28707"},"modified":"2020-03-09T11:49:58","modified_gmt":"2020-03-09T08:49:58","slug":"117-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%a7%d9%84%d9%85%d9%86%d8%b4%d8%a2%d8%aa","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/28707\/","title":{"rendered":"SAR 117 billion in financing facilities for small, medium and micro enterprises in 2019"},"content":{"rendered":"

acquired Small and Medium Enterprises<\/a> Micro and small enterprises obtained financing facilities from the banking sector during the past year 2019 amounting to 117.26 billion riyals, while the financing of these enterprises in 2018 amounted to about 108.52 billion riyals.<\/p>\n\n\n\n

The banking sector provided 92.08 TP3T of facilities, while finance companies accounted for 7.921 TP3T of the facilities granted. Bank financing was distributed by 81.44 billion riyals for medium enterprises, 23 billion riyals for small enterprises, and 3.53 billion riyals for micro enterprises.<\/p>\n\n\n\n

Medium enterprises accounted for most of the facilities provided, with 72.6 TP3T of the total volume of facilities. They received funding from the banking sector and companies amounting to 85.16 billion riyals by the end of 2019, while small enterprises received facilities worth 26.96 billion riyals, while financing for micro enterprises amounted to 5.15 billion riyals.<\/p>\n\n\n


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Related Banking & Finance News - Real Estate Projects - Real Estate Finance - Project Finance<\/h4>\n\n\n\n

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The General Authority for Small and Medium Enterprises (Monsha'at) launches new products through the Financing Guarantee Program <\/a><\/p>\n\n\n\n

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Arabian Business Saudi Arabia recognizes Riyad Bank as \u201cFastest Growing Bank in 2019\u201d <\/a><\/p>\n\n\n


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