Social Development Bank showcases financing solutions for entrepreneurs at Biban 2023

The Social Development Bank is participating as a contributing partner at Biban 2023, the Kingdom’s flagship startup and SME conference. Hosted and organized by the Small and Medium Enterprises General Authority, known as Monsha’at, the event is taking place at Riyadh Front Exhibition and Convention Center, from March 9 to March 13.
As one of the leading partners of this year’s conference, SDB — represented by a selection of the organization’s executives and spokespeople — is underlining the importance of advancing social development across the Kingdom. The bank is showcasing its efforts to empower entrepreneurs and enhance entrepreneurship in Saudi Arabia by creating greater access to an extensive suite of financial and non-financial services offerings.
SDB continues to strengthen its relations with the relevant authorities by concluding contracts and signing agreements for entrepreneurs and small and micro businesses.

Over the course of the event, SDB took part in a range of seminars and panel discussions. SDB CEO Ibrahim Al-Rashid joined several other industry leaders and experts in a panel discussion titled “The Kingdom unites efforts to expand financing for SMEs in Saudi Arabia.” The panel provided the SDB CEO the opportunity to spotlight solutions and financing programs launched by the bank to equip SMEs with the tools to fulfill their potential and succeed, meet targeted sectors’ needs, and raise economic productivity levels.
SDB Business Development Director Fahad Al-Ashgar also participated in a panel discussion exploring opportunities to develop SDB’s services for SMEs, empower male and female citizens’ efforts to enhance the Kingdom’s economic development, and encourage them to manage in their own facilities. The discussion also outlined steps taken by SDB to create job opportunities, enhance its contributions to the Kingdom’s national economy and bolster the economy of the country’s most remote areas and communities.
SDB is also hosting a range of workshops, providing free consultations targeting entrepreneurs and training programs — the latter being organized by SDB’s Dulani Business Center.
SDB has three stands at the exhibition. The main pavilions, Dulani Business Center and Jaadah 30, are welcoming visitors to learn more about their services, including the bank’s financial and non-financial offerings. These pavilions are showcasing SDB’s programs and products, highlighting the success stories of entrepreneurs funded by the bank.
Themed “Attract-Connect-Achieve,” Biban 2023 aims to promote technical entrepreneurship, raise the digital capabilities of young men and women, and inspire the development of novel ideas and innovations.