SME Bank
Financial Services in Saudi Arabia
Overview
The Small and Medium Enterprise Bank (SME Bank) was established under the resolution of the Saudi Council of Ministers, No. (376), dated 4/7/1442 AH (corresponding to 16/2/2021). The SME Bank aims to support the Kingdom’s Vision goals to raise the SME sector’s contribution to the GDP to 35% by 2030 and to increase the volume of financing provided to SMEs to 20% of the total loan portfolio. The bank will be an umbrella for all financing solutions, including debt financing, equity financing, and providing loan guarantees on behalf of SMEs. In line with the Kingdom's Vision 2030 to build a digital economy and a digital nation, the bank will provide all services and products in cooperation with its partners through digital channels to facilitate the access of all areas in the Kingdom to these products and services.
EMPLOYEES
51-200 employees
FOUNDED
2021
HQ
Riyadh
TYPE
Government Agency
Location
- Street
- —
- City
- Riyadh
- Region
- —
- Postal code
- —
- Country
- Saudi Arabia
Email patterns
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FAQ
What is the company name?
smebank.gov.sa is the website of SME Bank.
What is the industry of the company?
SME Bank (smebank.gov.sa) is in the Financial Services industry.
When was the company founded?
SME Bank (smebank.gov.sa) was founded in 2021.
How many employees does the company have?
SME Bank (smebank.gov.sa) has 51-200 employees.
What is the company type?
The company type of SME Bank (smebank.gov.sa) is Government Agency.
Where is the company headquartered?
SME Bank (smebank.gov.sa) is headquartered in Riyadh.
What is the address of the company?
The address of SME Bank (smebank.gov.sa) is Riyadh, Saudi Arabia.
What are the social media accounts of the company?
The social media account of SME Bank (smebank.gov.sa) is LinkedIn.
Social media