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Source:
الوطن
STC Bank signs 28 agreements at Money20/20 ME
The article focused on STC Bank's participation in the Money20/20 Middle East conference, where it signed 28 agreements and memoranda of understanding to promote digital financing and banking services. Among the most notable of these agreements was a memorandum with «Manahat» to allocate a financing portfolio of up to 5 billion riyals to support small and medium-sized enterprises, aiming to facilitate their access to funding and enable their expansion and growth. The agreements also covered diversifying collaboration areas between the bank and its partners in finance, developing banking services, and leveraging modern technologies to enhance its digital ecosystem and serve the business sector, thereby strengthening the national economy and supporting the growth of small and medium-sized companies.
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