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Saudi SME Funding Surpasses 490B Riyals
The value of funding provided to small, medium, and micro-sized enterprises in Saudi Arabia increased to approximately 490.8 billion Riyals by the end of the second quarter of 2026, representing a 16.5% rise compared to the previous year. Data shows that the banking sector supplied these enterprises with 467.6 billion Riyals, which is about 11.4% of the total bank facilities. Meanwhile, financing from financing companies reached 23.2 billion Riyals, a growth rate of 21.4% compared to the previous year, reflecting an expansion in funding to support these sectors.
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