Saudi Central Bank announced the extension of its guaranteed financing program for micro, small, and medium enterprises for one year until March 14 2023, in a statement.For the latest headlines, follow our Google News channel online or via the app.The scheme was introduced in March of 2020 during the intial COVID-19 outbreak.It offered SMEs deferrals on bank payments, concessional financing, and exemptions from the costs of a loan guarantee program.Read more: Saudi cabinet approves licensing third digital bank: Central bankSaudi Investment Ministry deploys taskforce to ensure business continuityCoronavirus: Saudi Central Bank announces $13 bln financing package
Source: Al Arabiya
Full Article: Saudi central bank announces one-year extension of SME financing program