Global Trade Alert
Global Trade Alert

Saudi Arabia: SAMA Launches the “Supporting Finance for the Private Sector” program (COVID-19)

Announcement

14 Mar 2020

In April 2020, the Saudi Arabian Monetary Authority launched the "Supporting Finance for the Private Sector" program that targets SMEs. 

Update:

In September 2020, the Saudi Arabian Monetary Authority (SAMA) issued a new decision that extends the deferred payments program to 14 December 2020. 

Update: 

In November 2020, the Saudi Arabian Monetary Authority (SAMA) confirms the extension of the deferred payments program until the end of the first quarter of 2021. 

Update:

In March 2021, the Saudi Central Bank issued a new decision that extends the deferred payments program to 30 June 2021.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Mar 2020

Revocation date:

30 Jun 2021

Updated: 14 Mar 2020
Loan guarantee

On 14 April 2020, the  Saudi Arabian Monetary Authority launched (SAMA) The “Supporting Finance for the Private Sector” with a large focus on SMEs. SAMA has worked on preparin...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.