14 March 2020 – Provided concessional loans to small to medium enterprises

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Saudi Arabian Monetary Authority will provide concessional finance of about SAR 13.2 billion for small to medium enterprises by granting loans from banks and finance companies to the SME sector to support business continuity and sector growth during the COVID-19 pandemic.
Full details here: http://www.sama.gov.sa/en-US/News/Pages/news-514.aspx