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The Saudi Development Bank has approved 408 projects valued at SR 78


Media In / Riyadh 27 September
The Saudi Social Development Bank has approved the financing of 408 promising projects valued at (78.950.415) riyals in all regions of the Kingdom during the month of August this year, a 70% growth from what was financed last month.
The bank also pointed out that the approved projects have brought together a number of qualitative bank tracks, including the path of excellence, young people, graduates and mobile vehicles, as well as localization of malls. The projects included industrial, service, medical, technical, renewable energy, Where the geographical coverage of the month of Dhu al-Qadah expanded to include more than 70 cities and governorates of the Kingdom. He pointed out that the projects are owned by both men and women. The Bank is keen to reach the promising areas in its adoption to cover all regions of the Kingdom in line with its objectives of economic empowerment and To sync with the Kingdom’s Vision 2030.

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