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Initiative Objectives
Initiative Objectives
  • Fund portfolio for the Initiative 4 B SAR
  • Localization of 50 products in 5 industrial sectors
  • Enhancing non-oil GDP
  • Increasing local content
  • Stimulating local & foreign investors to enter and expand in the industrial sectors
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How to apply
How to apply
Customers can apply for the initiative by filling out an application to join the initiative or by contacting the following email: NIDLP&RB@riyadbank.com
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Targeted Sectors
Targeted Sectors
  • Balance of Payments
  • Transportation and Logistics
  • Food
  • Pharmaceuticals & Medical Devices
  • Machinery & Equipment
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General conditions
General conditions
  • Entity Age: All Ages (new and existing)
  • Entity Segments: All Segments (Micro, Small, Medium, Large and Mega Project)
  • Activity Age: All Ages (new and existing)
  • Company Nationality: Saudi & Foreign (have office in KSA)
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Purpose of financing
Purpose of financing
  • Establishment and operation of the activity
  • Assets (construction, leasing and purchase)
  • Working capital (salaries and operating expenses)
  • Deduction of logistics and supply chain bills.
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Facilities Types
Facilities Types
  • Loans
  • Letters of credit
  • Letters of guarantee
  • Discounting bills and contracts
  • Financial advisory
  • Agency services
  • Syndications loans
  • Installment and financing products for the company's customers
  • Cash management products and services
  • Company's financial management products
  • Sales and electronic payment products for the company's website
  • Job loyalty products for company employees
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Contact numbers
Contact numbers
  • +966-11-401-3030 Ext. 5952
  • +966-11-401-3030 Ext. 2691
  • +966-11-401-3030 Ext. 5601
  • +966-11-401-3030Ext. 3218
Email:

NIDLP&RB@riyadbank.com
 
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