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Global Trade Alert

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Saudi Arabia: SAMA guarantees 95% of SMEs loans

Description

On 14 March 2020, The Saudi Arabian Monetary Authority (SAMA) and Kafalah program launched a loan guaranteed program (LGP) with the amount of SR 13.2 billion (approx. USD 3.5 billion) that guarantees ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Mar 2020

Revocation date

14 Mar 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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