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 […]