Saudi Central Bank Extends Pandemic Loan Support

Posted on 11/29/2020

In a statement, the Saudi central Bank (formerly Saudi Arabian Monetary Authority) extended a loan deferral program to help small businesses deal with the fallout of the coronavirus (COVID-19) pandemic until the end of the first quarter of 2021. The plan has impacted over 77 billion Saudi riyals (US$ 20.5 billion) of loans. The extension […]

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