Global Trade Alert
Global Trade Alert

Saudi Arabia: SME Bank allocates SAR 10.5 billion to support SMEs

Announcement

11 Mar 2023

On 11 March 2023, the Small and Medium Enterprises Bank (SME Bank) announced the allocation of SAR 10.5 billion (approx. USD 2.8 billion) to support SMEs for the period 2023 to 2026.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Mar 2023

Revocation date:

11 Mar 2026

Updated: 11 Mar 2023
Capital injection and equity stakes (including bailouts) In force

On 11 March 2023, the Small and Medium Enterprises Bank (SME Bank) announced the allocation of SAR 10.5 billion to support SMEs for the period 2023 to 2026. The support would be extended to SMEs th...

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Updated: 11 Mar 2023
Loan guarantee In force

On 11 March 2023, the Small and Medium Enterprises Bank (SME Bank) announced the allocation of SAR 10.5 billion to support SMEs for the period 2023 to 2026. The support would be extended to SMEs th...

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Updated: 11 Mar 2023
State loan In force

On 11 March 2023, the Small and Medium Enterprises Bank (SME Bank) announced the allocation of SAR 10.5 billion (approx. USD 2.8 billion) to support SMEs during the period 2023 to 2026. The support...

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