Healthcare Portfolio Initiative
Allocation SAR 2 Billion
The Bank sought to provide a quick and facilitated financing for 1,000 medical facilities operating in 12 health sector licensed by the Ministry of Health (Medical complexes, medical factories, specialized clinics, consulting clinics, medical laboratories, emergency medicine, radiology centers, medical services, one-day surgery, home healthcare care , rehabilitation centers, and preventive health). Advantages of financing the healthcare portfolio: 1. Flexible funding ceiling depending on the nature of the activities. 2. Grace and repayment periods convienient with the operational cycles of the funded facilites. For details, kindly press here.
Initiative of MSMEs financing support
The initiative aims to provide quick and facilitated financing to 6,000 small and emerging (new and existing) enterprises, with a focus on activities with technical and economic feasibility in supporting priority sectors in addressing the novel Coronavirus (COVID-19) pandemic, advancing the economy and enhancing local content. For more details, kindly click here.