Saudi Arabia aims to make bank financing easier for SMEs
2011-10-10 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Arabian Monetary Agency (SAMA) has launched a new system to help banks evaluate the performance of small and medium enterprises (SMEs) before providing loans with confidence, Arab News has reported. "The assessment system that was launched today removes one of the major obstacles facing the development of SMEs," he said. According to a study presented at the Riyadh Economic Forum, about 90% of companies in the kingdom are SMEs.  

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