Company profile

SME Bank

Industry
Financial Services
Employees
262
Headquarters
Riyadh
Founded
2021
Office locations
1

SME Bank company summary

SME Bank is a company in the Financial Services industry, headquartered in Riyadh, founded in 2021. On LinkedIn the company has around 262 employees.

What technology does SME Bank use?

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About SME Bank

The Small and Medium Enterprise Bank (SME Bank) was established under the resolution of the Saudi Council of Ministers, No. (376), dated 4/7/1442 AH (corresponding to 16/2/2021). The SME Bank aims to support the Kingdom’s Vision goals to raise the SME sector’s contribution to the GDP to 35% by 2030 and to increase the volume of financing provided to SMEs to 20% of the total loan portfolio. The bank will be an umbrella for all financing solutions, including debt financing, equity financing, and providing loan guarantees on behalf of SMEs. In line with the Kingdom's Vision 2030 to build a digital economy and a digital nation, the bank will provide all services and products in cooperation with its partners through digital channels to facilitate the access of all areas in the Kingdom to these products and services.

Where is SME Bank located?

SME Bank lists 1 location.

Riyadh, SA, SAHQ

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Frequently asked questions about SME Bank

What does SME Bank do?

The Small and Medium Enterprise Bank (SME Bank) was established under the resolution of the Saudi Council of Ministers, No. (376), dated 4/7/1442 AH (corresponding to 16/2/2021). The SME Bank aims to support the Kingdom’s Vision goals to raise the SME sector’s contribution to the GDP to 35% by 2030 and to increase the volume of financing provided to SMEs to 20% of the total loan portfolio. The bank will be an umbrella for all financing solutions, including debt financing, equity financing, and providing loan guarantees on behalf of SMEs. In line with the Kingdom's Vision 2030 to build a digital economy and a digital nation, the bank will provide all services and products in cooperation with its partners through digital channels to facilitate the access of all areas in the Kingdom to these products and services.

How many employees does SME Bank have?

SME Bank has around 262 employees on LinkedIn.

Where is SME Bank headquartered?

SME Bank is headquartered in Riyadh.

When was SME Bank founded?

SME Bank was founded in 2021.

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