Riyadh - SPA
The Saudi Credit & Saving Bank released approximately SR 19 riyal to fund small and medium size enterprises. Funds are issued to 14 pioneering male and female entrepreneurs. The bank has a dedicated section for small and emerging enterprises. In order to receive funding from the bank, the prospective entrepreneur should manage his/her business by himself/herself and ensure minimum dependency on expatriate manpower. The bank contributes to resolving the unemployment problem and encourages business endeavors that are feasible both to the citizen and the country.