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البلاد
Al-Manshat Bank surpasses 100 billion riyals in guarantees
The value of the financial guarantees provided through the "Kafala" program to support small and medium-sized enterprises in Saudi Arabia has exceeded 100 billion riyals. More than 28,000 enterprises have benefited from it, with total financing surpassing 140 billion riyals. The program aims to enhance enterprises' access to funding and promote growth and sustainability. It is considered one of the main pillars in the financial support system for the small and medium enterprise sector, having helped transfer 51 enterprises to the financial market. Additionally, secured credit facilities account for 8% of the total facilities extended to the sector, which reached 489 billion riyals by the end of the first quarter of 2026.
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