Riyadh – Mubasher: The Saudi Small and Medium Enterprises General Authority (monsha'at) signed four cooperation agreements with the National Commercial Bank (NCB).
The first agreement aims at financing commercial franchise, providing low-interest competitive finance facilities for small and medium-sized enterprises (SMEs).
According to monsha'at, the second agreement involves designing financing instruments for SMEs to boost its growth and developments.
The third agreement focuses on raising financing awareness, while the fourth is for establishing a portal to present other financing institutions serving SMEs across the Kingdom.
