SABB launches financing program for small and medium tech businesses

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RIYADH: The Saudi British Bank on Wednesday launched the Technology Sector Financing Program in cooperation with the National Technology Development Program and the Kafalah Program.

The program aims to finance micro, small and medium-sized enterprises in the IT sector.

“The launch of this product demonstrates our commitment to our role as an active partner in achieving the Kingdom’s Vision 2030 objectives,” said Tony Cripps, the bank’s CEO.
“SABB is eager to contribute to the growth of the SMEs sector, which is one of the most significant drivers of economic growth,” he added.