The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud has directed to deposit SR 10 billion in the account of Saudi Bank of Credit and Saving to enable the Bank to meet the needs of citizens eligible for borrowing. This amount along with the current resources of the bank will be allocated for social loans including loans provided for marriage, family and restoration of houses. In a statement to Saudi Press Agency (SPA), the Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf said," This kind royal gift comes as an extension of the King's decisions and directives aiming to sense the needs of citizens, especially citizens of limited income," noting that hundreds of thousands of needy families will benefit from this amount. In his own name and on behalf of the bank's employees and all beneficiaries of these loans, the minister expressed his thanks and gratitude to the Custodian of the Two Holy Mosques for this royal gift.
