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Plan Up Program
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Plan Up Program
Riyad Bank & Damanat program supports off-plan housing projects, with Damanat providing guarantees on bank credit to developers under set terms.
Initiative Objectives
Initiative Objectives
- Supporting the private sector’s contribution to the growth of the housing sector.
- Increasing the percentage of housing ownership among citizens.
- Increase the supply of housing units
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How to apply
How to apply
Establishments can apply to the initiative by filling out the joining application form or by communicating via the following email:
Damanat&rb@riyadbank.com
Damanat&rb@riyadbank.com
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Targeted sectors
Targeted sectors
Real estate development companies for housing projects
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General conditions
General conditions
- Establishments Age: 2 Years.
- Establishments Segment: small ,medium , large, and mega.
- Activity Age: All Ages (new and existing).
- Company Nationality: Saudi and Foreign (with an office in KSA).
- Project location: Kingdome of Saudi Arabia
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purpose of financing
Purpose of Financing
- Supporting the private sector’s contribution to the growth of the housing sector.
- Increasing the percentage of housing ownership among citizens.
- Increase the supply of housing units
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Facilities types
Facilities types
- Loans
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Contact numbers
Contact Numbers
- +966-11-401-3030 Ext. 2691
- +966-11-401-3030 Ext. 5952
- +966-11-401-3030 Ext. 5601
- +966-11-401-3030 Ext. 3218
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Apply now - Plan up program
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Need help?
Riyad Line:
800 124 2225
