Social Development Bank.The Bank is considered to be one of the main government pillar for economical and social development funding to the citizens in Saudi Arabia. where SDB focus's in providing social financing products and business solutions to the low income citizens, and creating awareness in financial planning & saving , as well as funding freelancers, micro, startup , and small businesses in way to enable them to contribute effectively to the economic growth of the country. The objectives have been verified as the following:* To provide free of interest loans for freelancers , micro , startup and small business to encourage them to run their own businesses independently.* To provide free of interest Social Loans for low income citizens , in order to help them overcome their financial difficulties.* To encourage savings for individuals and institutions in the Kingdom, and to find the appropriate tools to achieve this goal.The Bank has 24 branches in different regions of the Kingdom of Saudi Arabia to deliver services efficiently to its citizens.

Website: sdb.gov.sa

Employees: 1000 - 4999

HQ: N/A

Location: Riyadh, N/A, sa

Revenue: 1 - 2.5 Million

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The Social Development Bank (SDB) is a leading financial institution in Saudi Arabia, dedicated to promoting economic and social development in the country. With its headquarters located in Riyadh, the bank has 24 branches across different regions of the kingdom, providing efficient services to its citizens. The bank's mission is to provide free-of-interest loans and social loans to low-income citizens, freelancers, micro, startup, and small businesses, with the aim of encouraging them to run their own businesses independently and contribute to the country's economic growth. SDB's objectives are centered around providing financial support to those who need it most, while promoting savings and financial planning among individuals and institutions in the kingdom. The bank's commitment to social responsibility is evident in its focus on creating awareness about financial planning and saving, as well as its efforts to fund freelancers, micro, startup, and small businesses. With a strong management team led by Ibrahim Alomar, Ibrahim Alrashid, Saad Al-Dossary, Khaled Ali, Firsah Alyami, and others, SDB is well-positioned to continue playing a vital role in Saudi Arabia's economic and social development.

The Social Development Bank (SDB) is a government-owned bank in Saudi Arabia that helps people and small businesses with financial support and advice. They want to help people who don't have a lot of money, and they want to encourage people to save money and start their own businesses. They do this by giving loans to people who can't afford to pay interest and by teaching people how to manage their money. They also have 24 branches across the country to make sure that everyone can access their services. The SDB's main goals are: * To give loans to people who want to start their own businesses but can't afford to pay interest. * To give loans to people who are struggling financially and need help. * To encourage people to save money and find ways to make it easier for them to do so. The SDB is an important part of the government's plan to help the economy grow and to make sure that everyone has access to financial support and advice.