Riyadh - Sharikat Mubasher: The micro, small, and medium-sized enterprises (MSMEs) in Saudi Arabia secured credit facilities worth over SAR 383 billion during the first quarter (Q1) of 2025, showing a nearly 9% increase from SAR 351.7 billion in Q4-24.

The monthly bulletin issued by the Saudi Central Bank (SAMA) showed that medium enterprises received the largest share of credit facilities at SAR 190 billion, followed by small enterprises, which secured SAR 139.5 billion in Q1-25.

The total value of credit facilities provided by Saudi banks in Q1-25 surpassed SAR 364 billion, marking a quarter-on-quarter (Q-o-Q) increase of 9.2%. Meanwhile, finance companies extended SAR 18.6 billion in credit facilities to MSMEs, slightly up from SAR 18.2 billion in Q4-24.

These figures underscore Saudi Arabia’s efforts to support MSMEs and enhance access to capital through alternative financing and partnerships with fintech platforms, in alignment with Vision 2030's economic diversification goal.