07/03/2013
Saudi Banks Create Separate Sections for Small Enterprises
Saudi banksarecreatingseparatesectionsforsmallenterprises,that operateunderthemanagementofbranches inall regions ofSaudi Arabia,as it was before under corporate bankingthatusuallyoperateunder the direct supervisionof themajordepartmentsat banks.
This move is aimedtoprovidethenecessaryfundingandfacilitiesfaster and betterthan it wasin the past,especially that theseenterprisesrepresentpromising investment opportunitiesfor banks.
