SDB injects SAR 4.3B financing in H1 2025

Logo of The Social Development Bank

The Social Development Bank (SDB), during its second-quarter meeting, discussed several topics on its agenda, with the aim to strengthen national efforts to serve citizens and support the Kingdom's development system.
 

The SDB board reviewed the performance report for the first half of this year, which showed that total financing reached SAR 4.3 billion, which benefitted more than 43,000 citizens from various regions of the Kingdom, state-run news agency SPA reported.
 

This financing was distributed among support for self-employed individuals and productive families, amounting to SAR 1.8 billion, benefiting more than 18,000; financing for small and startups, exceeding SAR 1.5 billion, benefiting 5,000 enterprises; and social financing amounting to SAR 1 billion, which benefitted nearly 20,000 citizens.
 

The report noted that 40,000 new savings accounts have been registered by the middle of this year, reflecting the bank's efforts to enable financial and savings planning for beneficiaries.