micro-Small and Medium Enterprises (mSMEs)

Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report

94% of these were provided by Saudi banks, while finance companies accounted for the remaining 6%
Facilities accounted for 8.8% of banks’ total lending portfolio and 19.5% of finance companies’ credit portfolios

By Dayan Abou Tine · 07 October 2024