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Saudi Financial Institutions extend more than SR 300 Billion Riyadh 2
Saudi Press Agency Published in Saudi Press Agency on 27 - 11 - 2007


The Industrial Development Fund:
The Industrial Development Fund was established in 1394Ah with a capital SR 500 million.
Up to the fiscal year 1424/1425Ah, the Fund extended more than SR 48.115 billion worth of loans. These loans positively contributed to the implementation and expansion of 1, 899 industrial projects in various parts of the Kingdom.
- The Agricultural Bank:
The Agricultural Bank was established in 1382 AH. The Bank provides farmers with free loans. Up to the end of the fiscal year 1422-1423 AH, the Bank extended about SR 35.5 billion worth of loans in addition to more than SR 12 billion worth of subsidies.
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