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Home»Business»Saudi Social Growth Financial institution funds 100,000 beneficiaries in 2025 with $2.1 in lending
Business

Saudi Social Growth Financial institution funds 100,000 beneficiaries in 2025 with $2.1 in lending

VernoNewsBy VernoNewsJanuary 2, 2026No Comments3 Mins Read
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Saudi Social Growth Financial institution funds 100,000 beneficiaries in 2025 with .1 in lending
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Saudi Arabia’s Social Growth Financial institution has reported a robust efficiency in 2025, reaching 100,000 residents and companies by means of financing and growth programmes whereas increasing assist for entrepreneurs, freelancers and productive households.

The outcomes had been introduced through the Board of Administrators assembly for the fourth quarter of 2025, chaired by Eng. Ahmed bin Sulaiman Al-Rajhi, Minister of Human Sources and Social Growth and Chairman of the Financial institution’s Board of Administrators.

Social Growth Financial institution stated complete financing supplied to entrepreneurs and small and rising enterprises reached SR3.1bn ($826m), benefiting 8,000 companies.

Saudi Arabia’s Social Growth Financial institution

Financing prolonged to freelancers and productive households amounted to SR2.8bn ($746m), supporting 65,000 residents, whereas complete social financing reached SR2bn ($533m), benefiting 35,000 residents.

The financial institution stated it achieved all its targets for 2025 in financing and growth assist, alongside the growth of non-financial providers.

On the assembly, Eng. Al-Rajhi praised the management’s assist for the social growth sector and stated the achievements mirrored the impression of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince on nationwide growth efforts.

“The Social Growth Financial institution, a key pillar in financing entrepreneurs and small companies, performs a significant function in empowering the nation’s youth to show their concepts into productive initiatives, contributing to a sustainable, modern financial system and advancing the objectives of the Kingdom’s Imaginative and prescient 2030,” he stated.

In 2025, the financial institution continued to strengthen its non-financial providers portfolio, with roughly 61,000 beneficiaries receiving empowerment and growth providers by means of specialised programmes.

Enterprise assist

Jada 30, the most important enterprise group within the Center East, expanded to 13 branches throughout the Kingdom, supporting 4,300 companies, together with 1,300 established in 2025.

By the Dulani Enterprise Centre, round 20 beneficiaries participated in consulting and growth programmes centered on qualifying entrepreneurs and enhancing mission readiness for progress and sustainability.

The financial institution additionally superior its monetary literacy initiatives, opening greater than 60,000 new financial savings accounts in 2025 by means of the Zod Financial savings and Zod Al-Ajyal programmes.

The Board reviewed the efficiency of financing portfolios and famous that allocations to the data know-how, gaming and esports sectors elevated to SR1.3bn ($347m), supporting innovation and rising industries.

The social duty portfolio expanded to SR360m ($96m) by means of partnerships with nationwide entities, geared toward supporting entrepreneurship and enhancing societal impression.

Eng. Sultan bin Abdulaziz Al-Hamidi, CEO of the Social Growth Financial institution, stated: “The financial institution’s achievements in 2025 showcase a robust dedication to enhancing developmental impression by means of expanded partnerships with private and non-private sectors and the launch of recent financing merchandise.

“It has prioritised promising sectors like monetary applied sciences, gaming, and esports as key drivers of financial diversification and alternative, aligning with nationwide growth priorities and Saudi Imaginative and prescient 2030.”

He added that management assist has been instrumental in increasing the financial institution’s impression and fostering a extra diversified and sustainable financial system.

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