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Monsha’at, STC Bank sign $1.33bn financing deal to support Saudi SMEs

Arab News

BusinessArab News·Sep 17, 2026·1 min read

Monsha’at, STC Bank sign $1.33bn financing deal to support Saudi SMEs

The General Authority for Small and Medium Enterprises (Monsha’at) and STC Bank have signed an agreement that will provide up to 5 billion riyals (approximately $1.33 billion) in Shariah-compliant financing for Saudi Arabia's micro, small…

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