Revenues 0 SRB - 3,000,000 SRB

Micro Enterprises

Revenues 3,000,000 SRB - 40,000,000 SRB

Small Enterprises

Revenues 40,000,000 SRB - 200,000,000 SRB

Number of employees 50 to 249 (full-time)

Medium Enterprises

#منشآت تحتفي بـ #اليوم_الوطني_92 مع #بوليفارد_رياض_سيتي في أجواءٍ مليئة بالوطنية والفخر.

Funding Awareness

in alignment with our goal to enhance financing for small and medium enterprises (SMEs), we collaborate with financial institutions to foster an attractive financing ecosystem in the Kingdom of Saudi Arabia. Through various financing models

The Small and Medium Enterprise Bank

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Mr. Ibrahim bin Hamad Al-Rashed expressed his gratitude to the Board of Directors of the National Development Fund for approving his appointment as CEO of the SME Bank. He emphasized that this trust serves as a strong incentive to continue advancing the Bank’s mission, in line with the Fund’s aspirations to expand its impact and actively contribute to the goals of Saudi Vision 2030 by empowering SMEs as a fundamental pillar of the national economy.

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Al-Rashed also extended his thanks to His Excellency Mr. Yousef bin Abdullah Al-Benyan, Chairman of the Board of Directors of the SME Bank, and to the Board members for their support in advancing the Bank’s strategy and ambitious goals in alignment with the aspirations of the Kingdom’s leadership—may Allah preserve them..

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Al-Rashed concluded his statement by affirming his commitment to building on the progress achieved, working collaboratively with relevant stakeholders to provide financing solutions for SMEs, and developing impactful initiatives that ensure sustainable empowerment, support sector growth, and contribute to the diversification of the national economy.

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Mr. Ibrahim bin Hamad Al-Rashed expressed his gratitude to the Board of Directors of the National Development Fund for approving his appointment as CEO of the SME Bank. He emphasized that this trust serves as a strong incentive to continue advancing the Bank’s mission

The SME Bank's CEO extends his gratitude to the Board of Directors of the National Development Fund.. It confirms the continuation of work to achieve the goals supporting the national economy.

The Board of Directors of the SME Bank has issued a resolution appointing His Excellency Mr. Ibrahim bin Hamad Al-Rashed as Chairman of the Board of Directors of "Kafalah".

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This strategic move reflects the Bank’s commitment to strengthening partnerships with entities that support enterprises and to developing tailored financing tools for this vital sector, by leveraging Al-Rashed’s extensive expertise in finance, economic development, and digital transformation.

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For his part, Mr. Ibrahim bin Hamad Al-Rashed expressed his sincere gratitude to the Board of Directors of the SME Bank for their trust, emphasizing that the program serves as a key financing arm in empowering SMEs. He affirmed his commitment to working with the team to further develop the role of 'Kafalah' in a way that enhances the economic impact and financial sustainability of this vital sector, in alignment with the leadership’s vision and the goals of Saudi Vision 2030.

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Al-Rashed stressed that this trust serves as a strong motivation to continue strengthening the partnership and collaboration between the SME Bank and the 'Kafalah' program, as well as to develop financing tools that will enable this vital sector to grow and achieve sustainability.

The Board of Directors of the SME Bank has issued a resolution appointing His Excellency Mr. Ibrahim bin Hamad Al-Rashed as Chairman of the Board of Directors of "Kafalah".

Appointment of Mr. Ibrahim Al-Rashed as Chairman of the Board of Directors of “ Kafalah Program ”

The Board of Directors of the National Development Fund has approved the appointment of Mr. Ibrahim bin Hamad Al-Rashed as Chief Executive Officer, effective March 23, 2025. In this role, he will lead the bank toward achieving its objectives and advancing its strategies to support the SME sector in the Kingdom. This appointment aligns with the bank’s ongoing efforts to enhance its role in supporting the national economy in line with Saudi Vision 2030.

His Excellency Mr. Yousef bin Abdullah Al-Benyan, Chairman of the Board of Directors of SME Bank, extended his congratulations and appreciation to the new CEO, and wished him success in leading the bank through its next phase of development and growth. This period is expected to be promising in achieving the bank’s developmental and strategic goals.

The Board also expressed gratitude to the former Acting CEO, Mr. Abdulrahman bin Mohammed bin Mansour, for his significant efforts in strengthening the bank’s position and enhancing its services.

Mr. Ibrahim bin Hamad Al-Rashed brings extensive experience in the financial sector, having held several leadership positions, including CEO of the Social Development Bank, Chairman of the Saudi Fund for Startups and Small Enterprises, and board memberships in various organizations, including Yanbu Cement Company, Gasco, and the Saudi Authority for Accredited Valuers. His wealth of experience will enable him to lead the bank toward greater success and expansion in supporting SMEs.

&nbsp;It is worth noting that the Small and Medium Enterprises 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), and Its regulation was issued under Royal Decree No. (M/46) dated 08/04/1444 AH (corresponding to 02/11/2022 AD) as one of the developmental funds and banks under the National Development Fund. The bank aims to increase financing for the SME sector, bridge the financing gap, enhance the contributions of financial institutions in providing innovative financial solutions, and achieve financial stability for this vital sector, positioning it as a key pillar of economic development in the Kingdom of Saudi Arabia and an active contributor of achieving Vision 2030.

 
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The Board of Directors of the National Development Fund has approved the appointment of Mr. Ibrahim bin Hamad Al-Rashed as Chief Executive Officer, effective March 23, 2025. In this role, he will lead the bank toward achieving its objectives and advancing its strategies to support the SME sector in the Kingdom. This appointment aligns with the bank’s ongoing efforts to enhance its role in supporting the national economy in line with Saudi Vision 2030.

The Board of Directors of the National Development Fund Approves the Appointment of Mr. Ibrahim bin Hamad Al-Rashed as CEO

The Small and Medium Enterprises Bank (SME Bank) has announced the launch of the second phase of the Agency Model, aimed at supporting and empowering micro, small, and medium enterprises through tailored financial solutions. This initiative is being implemented in partnership with debt-based crowdfunding platforms: Manafa, Lendo, and Tameed, with a financing target of SAR 240 million for 2025.

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&nbsp;Agency Model operates through a debt-based crowdfunding model, where funds are allocated by SME Bank, and the platform manages the portfolio on its behalf under specific conditions. These funds are then allocated to directly finance micro, small, and medium enterprises, offering flexible financing terms with repayment periods of up to 12 months. The program provides financing amounts ranging from a minimum of SAR 50,000 to a maximum of SAR 1 million, depending on the needs of the benefiting enterprises and credit assessment. Additionally, it includes a grace period of up to three months for certain products, granting entrepreneurs greater flexibility in managing their financial obligations.

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&nbsp;The first phase of the program achieved significant success, with over SAR 88 million in financing provided to numerous micro, small, and medium enterprises across various sectors. This contributed to enhancing financial sustainability and stimulating economic growth. Building on this success, the second phase aims to expand the pool of beneficiaries and accelerate access to financing in a more integrated and digital-driven manner. It will enable startups and e-commerce businesses to obtain financing more easily, further supporting their growth and development.

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&nbsp;The bank also encouraged entrepreneurs and SME owners to apply and take advantage of the available financing opportunities through the Financing Gateway. It emphasized that this phase will contribute to the continued support of projects with sustainable economic impact, enhance opportunities for expansion and growth, and enable enterprises to achieve their operational and investment goals with greater flexibility.

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&nbsp;It is worth noting that the Small and Medium Enterprises 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) as one of the developmental funds and banks under the National Development Fund. The bank aims to increase financing for the SME sector, bridge the financing gap, enhance the contributions of financial institutions in providing innovative financial solutions, and achieve financial stability for this vital sector, positioning it as a key pillar of economic development in the Kingdom of Saudi Arabia and an enabler of Vision 2030.

he Small and Medium Enterprises Bank (SME Bank) has announced the launch of the second phase of the Agency Model, aimed at supporting and empowering micro, small, and medium enterprises through tailored financial solutions. This initiative is being implemented in partnership with debt-based crowdfunding platforms: Manafa, Lendo, and Tameed, with a financing target of SAR 240 million for 2025.

The Small and Medium Enterprises Bank Launches the Second Phase of the Agency Model with a Target of SAR 240 Million for 2025

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At the Education Investment Forum held in Riyadh, SME Bank signed a cooperation agreement with Tatweer Educational Technologies (TETCO) to enhance financing for SME in the education sector.

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The agreement was signed by Mr. Abdulrahman bin Mohammed bin Mansour, the bank’s acting CEO, and Eng. Fahad bin Mishaan Al-Solaie, CEO of TETCO. It aims to facilitate access to financial solutions for small and medium-sized educational enterprises by integrating the bank’s Financing Gateway with TETCO’s “Madaris” platform.

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This technological integration enables educational enterprises to submit financing requests quickly and easily, improving the user experience and streamlining the financing process. The collaboration also includes joint awareness and marketing campaigns to highlight available financing opportunities, as well as specialized workshops aimed at educational sector professionals to introduce them to available financing solutions.

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Mr. Abdulrahman bin Mohammed bin Mansour emphasized that this agreement represents a significant step in supporting the education sector. He explained that the technological integration between the Financing Gateway and the "Madaris" platform helps accelerate financing procedures and supports the sustainability of educational institutions by providing more efficient and flexible financial solutions. This strengthens the sector’s role in economic development and aligns with Saudi Vision 2030’s goal of fostering a sustainable and advanced educational ecosystem.

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For his part, Eng. Fahad bin Mishaan Al-Solaie stated that the collaboration with the bank reflects TETCO’s commitment to empowering educational institutions through innovative technological solutions. He noted that the digital integration between the two platforms enhances the efficiency of financing processes and enables schools and educational institutions to access funding with greater flexibility, contributing to the growth and sustainability of the sector.

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It is worth noting that 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), as one of the developmental funds and banks under the National Development Fund. The bank aims to increase financing for the SME sector, bridge the financing gap, enhance the contributions of financial institutions in providing innovative financial solutions to achieve financial stability for this vital sector, and support its role as a key driver of economic development in the Kingdom.

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At the Education Investment Forum held in Riyadh, SME Bank signed a cooperation agreement with Tatweer Educational Technologies (TETCO) to enhance financing for SME in the education sector.

The Small and Medium Enterprises Bank Signs an Agreement with Tatweer Educational Technologies to Support Financing for Educational Enterprises

In collaboration with the Small and Medium Enterprises General Authority (Monsha’at), The Small and Medium Enterprise Bank (SME Bank) has announced the presence of its representatives at SME Support Centers in four major cities across the Kingdom: Riyadh, Jeddah, Madinah, and Al Khobar. This strategic initiative aims to enhance the business environment and empower SMEs financially to achieve sustainable growth and contribute to the diversification of the national economy.

 
The presence of SME Bank’s representatives at SME Support Centers serves as a new service provided by the bank to beneficiaries and SME owners, it aims to empower business owners to achieve their goals by offering tailored financial solutions that enhance their competitiveness. These support centers facilitate access to financing and advisory services through advanced platforms and flexible solutions, including the 'Nawafth' application by Monsha’at, which allows customers to log in, select the appropriate service, and book an appointment with an SME Bank representative for an in-person consultation at SME Support Centers.

 
The Acting CEO of SME Bank, Mr. Abdulrahman Bin Mohammed Bin Mansour, emphasized that the presence of the bank’s representatives at SME Support Centers across the Kingdom reflects the synergy between the bank and Monsha’at. This collaboration contributes to providing a diverse range of services aimed at developing entrepreneurs' projects and fulfilling their aspirations. He also highlighted that this initiative is part of the bank’s ongoing commitment to empowering SME owners, who play a pivotal role in Saudi Vision 2030. He also highlighted that through this partnership with Monsha’at, the bank offers essential guidance that enhances its ability to engage with beneficiaries and gain a deeper understanding of their needs, enabling the provision of tailored financial solutions.

 
The Small and Medium Enterprise Bank invites SME owners to visit the support centers, meet with the bank’s representatives, and benefit from the services designed to meet their aspirations. It also reaffirms its commitment to continuously developing its services in line with the ambitions of its beneficiaries while playing a vital role in strengthening the national economy by empowering the SME sector.

 
It is worth noting that 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) as one of the developmental funds and banks under the National Development Fund. The bank aims to increase financing for the SME sector, bridge the financing gap, enhance the contributions of financial institutions in providing innovative financial solutions, and achieve financial stability for this vital sector, positioning it as a key pillar of economic development in the Kingdom of Saudi Arabia and an enabler of Vision 2030.

In collaboration with the Small and Medium Enterprises General Authority (Monsha’at), The Small and Medium Enterprise Bank (SME Bank) has announced the presence of its representatives at SME Support Centers in four major cities across the Kingdom: Riyadh, Jeddah, Madinah, and Al Khobar. This strategic initiative aims to enhance the business environment and empower SMEs financially to achieve sustainable growth and contribute to the diversification of the national economy.

The Small and Medium Enterprise Bank Announces the Presence of Its Representatives at SME Support Centers in Four Cities Across the Kingdom

In alignment with Saudi Arabia's Vision 2030, which aims to establish a sustainable, knowledge-based economy, the Small and Medium Enterprises Bank (SME Bank), in collaboration with the Ministry of Education, has launched an innovative initiative to finance small and medium educational enterprises. This initiative seeks to enhance the quality of education and develop its infrastructure, focusing on empowering young talents and providing opportunities for sustainable growth through tailored financial solutions that address the needs of educational institutions and help them overcome challenges.

This partnership aims to empower educational enterprises to provide exceptional services that elevate the quality of education by offering financing that facilitates expansion and development. Additionally, the partnership opens new horizons for investment in educational technology and the comprehensive enhancement of the learning environment, reinforcing the role of these institutions in supporting young talents, the true wealth of the nation.

Mr. Abdulrahman bin Mohammed bin Mansour, The Acting CEO of SME Bank, stated: “Education services as the cornerstone of building a strong and sustainable economy and investing in the development of educational institutions is a direct investment in the ambitions of Saudi youth. This partnership reflects our commitment to empowering educational institutions to achieve their goals and providing financing solutions that support the aspirations of the Kingdom’s ambitious Vision.”

The initiative represents a step towards achieving financial sustainability in the education sector by providing financing solutions that help enterprises ensure business continuity. Additionally, the partnership strengthens collaboration between the education and financial sectors to support sustainable development and fulfill the aspirations of future generations. It also underscores the importance of education as a fundamental pillar in achieving Saudi Arabia's Vision 2030 through enhancing the educational environment, supporting the growth of institutions, and creating opportunities that empower youth to lead the future.

It is worth noting that the Small and Medium Enterprises Bank was established under the resolution of the Saudi Council of Ministers No. (376), dated 04/07/1442 AH, as one of the development funds and banks under the National Development Fund. The bank aims to increase financing for the SME sector, bridge the financing gap, enhance the contributions of financial institutions in providing funding solutions, and achieve financial stability for this vital sector. This positions it as a cornerstone of economic development in Saudi Arabia and an enabler for achieving Vision 2030

In alignment with Saudi Arabia's Vision 2030, which aims to establish a sustainable, knowledge-based economy, the Small and Medium Enterprises Bank (SME Bank), in collaboration with the Ministry of Education, has launched an innovative initiative to finance small and medium educational enterprises. This initiative seeks to enhance the quality of education and develop its infrastructure, focusing on empowering young talents and providing opportunities for sustainable growth through tailored financial solutions that address the needs of educational institutions and help them overcome challenges.

A Strategic Partnership to Enhance Education and Empower SMEs to Fulfill Vision 2030 Aspirations 

In alignment with Saudi Arabia's Vision 2030, which aims to establish a sustainable, knowledge-based economy, the Small and Medium Enterprises Bank (SME Bank), in collaboration with the Ministry of Education, has launched an innovative initiative to finance small and medium educational enterprises. This initiative seeks to enhance the quality of education and develop its infrastructure, focusing on empowering young talents and providing opportunities for sustainable growth through tailored finan

هيئة تنمية الصادرات

هيئة المنشآت 

صندوق البيئة

صندوق التنمية الثقافي 

الهيئة العامة للصناعات العسكرية

المركز الوطني لنظم الموارد الحكومية

شركة الزيت العربية السعودية (أرامكو)

شركة التعدين العربية السعودية (معادن)

بنك تنمية الصناعات الصغيرة في جمهورية الهند

Bpifrance

Strategic Partners

Funding Partners

بنك البلاد التمويل بالوكالة 

البنك السعودي الفرنسي التمويل بوكالة

البنك العربي برنامج التمويل المشترك

ساب

الجزيرة

Co-Financing Program Partners

ليندو

فرص

تعميد

منافع للتمويل بالوكاله 

رقميه للتمويل الجماعي 

Agency Financing Program Partners

الامثل 

دويتشة الخليج للتمويل

توكيلات للتمويل

الرائدة

ينال

التيسير التمويل منخفض التكلفه 

تمويل الاولى 

Low-Cost Loan Program Partners

الجبر للتمويل

صندوق التنمية السياحي

Funding Gate partners

Agricultural Development Fund

Government Entities

البنك العربي 

بنك الجزيره البنوك التجاريه 

مصرف الراجحي

بنك الرياض

بنك الخليح الدولي

البنك السعةجي للاستثمار

مصرف الانماء

البنك الاهلي السعودي

البنك السعودي الفرنسي

البلاد

Commerical Banks

تأجير للتمويل

الشركة السعودية للتمويل

AMERICAN EXPRESS

توكيلات للتمويل شركات التمويل

شركة سهب للتمويل 

راية للتمويل 

مرابحة مرنة

شركة دار الائتمان السعودي

متاجر للتمويل

ينال شركاء التمويل

رافعات الخليج للإيجار التمويلي

السعودي الفرنسي للتمويل 

آجل

اصول الحديثة للتمويل

دويتشة شركاء التمويل

شركة سهل للتمويل 

الشركة الوطنية للتمويل

كوارا للتمويل

التيسير

عبداللطيف جميل

تمويل الاولى

البيت الاهلي للتمويل

النايفات

اليسر

Dinar

الفا العربية للتمويل 

أملاك العالمية

Kafaa capital

Funding Companies

تعميد التقنية المالية 

منافع 

فرص التقنيه المالية 

شركة ثمار 

رقمية

فندينق سوق 

Fintech Companies

Education Program

Increasing financing to SMEs

is the total number of SMEs in KSA

Is the total credit facilities provided to SMEs

Percentage of financing provided to SMEs out of total financing

Is the growth rate of total credit facilities provided to SMEs

Funding Platform connects Financing Institutions with SMEs that are interested in obtaining funding products provided by SME Bank 

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Total Funding Amount Since January 2020 

نحلم ونحقق 

  #ماخاب_من_استشار

منتدى جازان للاستثمار

اطلاق بنك المنشآت الصغيرة والمتوسطة

مهارات تواكب المستقبل 

صنع فالسعودية

اكتشف بعد عسير

SME Bank at Fintech24

Biban24

Winter opportunity

عامان نستذكرها معكم لانطلاق أعمال بنك المنشآت الصغيرة والمتوسطة

زيارة وفد بنك المنشآت الصغيرة والمتوسطة لمقعد الغرفة بجده

Inauguration of  SME Support Centers

Funding Requests

Partners

The Small and Medium Enterprises 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 2030 Vision goals by raising the SME sector’s contribution to GDP from 20% to 35% 

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A dedicated portfolio is created for the program in the partner bank. The Small and Medium Enterprises Bank and the partner bank deposit the allocated funds into the portfolio. The partner bank manages the portfolio and utilizes these funds directly to finance micro, small, and medium-sized enterprises.

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Co-financing Model

Small and Medium Enterprises Bank collaborates with a partner financing company to provide cash liquidity, increasing its capacity and providing a high number of loans to the micro, small, and medium-sized enterprises sector. This collaboration supports their growth and expansion efforts while reducing financing costs for micro, small, and medium-sized enterprises.

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Low-Cost Loan Model

A dedicated portfolio is created for the program on&nbsp;crowdfunding platforms, and the Small and Medium Enterprises Bank deposits funds into the portfolio. The platform manages the portfolio according to specific terms. The funds are utilized to provide funding to micro, small, and medium-sized enterprises within the platform.

Agency Model

In alignment with our goal to enhance financing for small and medium enterprises (SMEs), we collaborate with financial institutions to foster an attractive financing ecosystem in the Kingdom of Saudi Arabia. Through various financing models, we strive to provide access to funding opportunities for micro, small, and medium enterprises, empowering this promising sector.