SME Bank Launches Educational Sector Financing Program to Support SMEs in Education Sector

The Small and Medium Enterprise Bank (SME Bank) has launched the "Educational Sector Financing Program" at the Biban24 Forum, held here from November 4 to 9, to empower small and medium enterprises involved in the education sector by providing tailored financial solutions that support the sector's development, sustainability, and growth.
The launch was attended by Minister of Commerce Majid Al-Kassabi, Minister of Education Yousef Al-Benyan, and representatives of four commercial banks: Arab National Bank, Bank Albilad, Saudi Awwal Bank, and Bank Aljazira.
According to a press release issued today by SME bank, this program is a step forward in the bank's efforts to expand the reach of its financial services and empower development sectors, in line with the objectives of Saudi Vision 2030.
The program aims to enable educational institutions to achieve greater financial stability, address potential challenges, and contribute to an improved quality of education and the overall development of the educational sector.