Saudi Social Development Bank finances 100,000 beneficiaries by 2025 with $2.1 million in loans
The Social Development Bank of Saudi Arabia reported strong performance in 2025, reaching 100,000 citizens and businesses with financing and development programs while increasing support for entrepreneurs, independents and productive families.
The results were announced during the meeting of the Board of Directors for the fourth quarter of 2025, chaired by Eng. Ahmed bin Sulaiman Al-Rajhi, Minister of Labor and Social Development and Chairman of the Bank’s Board of Directors.
The Social Development Bank said the total amount of funds provided to entrepreneurs and small and emerging businesses reached SR3.1bn ($826m), benefiting 8,000 businesses.
Social Development Bank of Saudi Arabia
Funding extended to private individuals and productive families reached SR2.8bn ($746m), supporting 65,000 residents, while social assistance totaled SR2bn ($533m), benefiting 35,000 residents.
The bank said it has met all of its 2025 financing and development goals, along with the expansion of non-financial services.
In the meeting, Eng. Al-Rajhi praised the support of the leadership in the field of social development and said that the success shows the influence of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and the Crown Prince in the efforts to develop the country.
“The Community Development Bank, which is an important pillar in financing entrepreneurs and small businesses, plays a major role in empowering the nation’s youth to turn their ideas into productive projects, contribute to a sustainable, innovative economy and advance the goals of the Kingdom’s Vision 2030,” he said.
In 2025, the bank continued to strengthen its portfolio of non-financial services, as about 61,000 beneficiaries received empowerment and development through special programs.
Business support
Jada 30, the largest business community in the Middle East, has expanded to 13 branches across the Kingdom, supporting 4,300 businesses, including 1,300 established by 2025.
Through the Dulani Business Centre, about 20 beneficiaries have participated in development consultancy programs focusing on eligible entrepreneurs and improving the project’s readiness for growth and sustainability.
The bank also enhanced its financial education programs, opening more than 60,000 new savings accounts by 2025 through the Zod Savings and Zod Al-Ajyal programs.
The board reviewed the performance of the financing portfolios and noted that allocations to the IT, gaming and sports sectors increased to SR1.3bn ($347m), supporting innovation and emerging industries.
The social responsibility portfolio increased to SR360m ($96m) through collaboration with national organizations, aimed at supporting entrepreneurship and improving social impact.
Eng. Sultan bin Abdulaziz Al-Hamidi, CEO of the Social Development Bank, said: “The bank’s success in 2025 shows a strong commitment to improving development impact through expanded partnerships with public and private companies and the introduction of new financing products.
“It has prioritized promising sectors such as financial technology, gaming, and sports as important initiatives for economic diversification and opportunity, in line with national development priorities and Saudi Vision 2030.”
He added that the leadership’s support has had a significant impact on increasing the bank’s impact and promoting a diversified and sustainable economy.
