Global Trade Alert
Global Trade Alert

Saudi Arabia: SAMA guarantees 95% of SMEs loans

Announcement

14 Mar 2020

In March 2020, the Saudi Arabian Monetary Authority (SAMA) and Kafalah program launched a new program that guarantees 95% of SMEs loans.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Mar 2020

Revocation date:

14 Mar 2022

Updated: 14 Mar 2020
Loan guarantee

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 gua...

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