Riyad Bank launches a financing program for SME
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04-Feb-2020
Riyad Bank has launched a Financing program for SME, which aims to enable the enterprises to pay employee’s salaries on a fixed date monthly, which contribute to raising the competitive capabilities Retention and Talent and maintain a good record at the ministry of labor.
<p>Riyad Bank has launched a Financing program for SME, which aims to enable the enterprises to pay employee’s salaries on a fixed date monthly, which contribute to raising the competitive capabilities Retention and Talent and maintain a good record at the ministry of labor.</p><p>This comes as Riyad Bank's role in achieving the “Saudi vision 2030” which seeks to raise the private sector in financing the SME and allow them to achieve the Kingdom's vision.</p><p>Riyad Bank recognized as the top supporter of Kafalah Program, in terms of numbers of the organization that is beneficiary of the financing that is provided to the sector as well as the volume of funding and credit facility that is given to SME, which last year Riyad Bank awarded with “Best Bank in Saudi Arabia for 2018” and The best bank to support the sectors that are targeted by the Kingdom vision 2030.</p>