SIDF to launch new financial services targeting private sector

26/09/2019 Argaam

 

Saudi Industrial Development Fund (SIDF) is set to unveil, on Sunday, a number of financial services and products, targeting private sector, to reflect on the outcome of the amendment of the Fund bylaws.

 

“The launch will be under the theme of enabling the private sector,” SIDF said in a statement.

 

It will also announce services and finance products that will further expand the fund’s reach in new and promising sectors.

 

Earlier in July, the Saudi Cabinet amended the Fund’s bylaws, including its independency and the way of handling business, and where it should apply the most innovative banking solutions in running business.

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