Saudi NCB grants SAR130bn corporate loans in 2015

Riyadh – Mubasher: Saudi Arabia’s National Commercial Bank (NCB) increased funding to the corporate segment by 24% year-over-year in 2015, said Chairman Mansour Al-Maiman.

In 2015, the granted loans grew to SAR 130 billion, Al-Maiman stated.

The bank will keep financing mega projects as well as SME enterprises for supporting the Saudi industrial sector, he stressed.    

Mubasher Contribution Time: 02-Mar-2016 09:36 (GMT)