Ahli Bank signs the cooperation agreement

Hammam Hashim and Khaled Bashnini at the signing of the accord (today)

On Tuesday 03/07/2018, the National Commercial Bank (NCB) signed a cooperation agreement with the SME Finance Program as the first funding entity to sign an agreement. In a new initiative to encourage and motivate funding agencies More beneficiaries of small and medium-sized enterprises have been financed by increasing coverage ratios according to sharia financing formulas for the importance of this. sector and its economic and social impact.

The agreement was signed by General Manager Hammam Hashim and NCB Khalid Bashnini, – Al-Sherif Khalid Al-Ghaleb, First Vice President of the National Bank, said that the agreement updated contributes to the achievement of the ambitious objectives related to the SME sector and the financing of public enterprises. In sectors targeted by Vision 2030 as well as in promising areas. The selection of the NCB as the first participating bank in the program is part of the signature of the updated cooperation agreement, as it has proved its worth in terms of SME financing under the program since the program's launch and its implementation. launch in 2006.

Financing of Small and Medium Enterprises Hammam Hashim welcomed this cooperation, which reflects the vision of the program by activating cooperation with commercial banks and the small and medium enterprises sector to support strengthen and stabilize this sector by achieving high funding rates.