Small & Medium Enterprise Bank
The Small and Medium Enterprises Bank was established by Cabinet Resolution No. 376, dated 04/07/1442 AH, as one of the development funds and banks affiliated with the National Development Fund, which aims to increase financing provided to the small and medium enterprises sector, bridge the financing gap, and enhance the contributions of financial institutions in providing Innovative financing solutions, and achieving financial stability for this vital and important sector to be a mainstay for economic development in the Kingdom of Saudi Arabia and an enabler to achieve Vision 2030.
To become a key enabler in providing funding solutions and strengthening the role of SMEs in the Kingdom’s economy.
Unlock the SMEs financing potential by offering innovative digital products and services, leveraging local and international partnerships to achieve a sustainable operating model in line with global best practices.
About the Bank
The Small and Medium Enterprises Bank aims to facilitate access to financing for the promising sectors by providing services and products through digital channels, to enhance the contributions of financial institutions in financing the small and medium enterprises sector by enabling and aligning with them.Learn more