Riyadh – Mubasher: Bank Albilad announced signing an agreement to join the e-finance portal launched by the Small & Medium Enterprises General Authority (Monshaat).

This agreement aims to streamline procedures for entrepreneurs and owners of small- and medium-sized enterprises (SMEs) to benefit from the bank’s finance services, according to a statement on Thursday.  

 Under the deal, entrepreneurs will be able to obtain funding compliant with Sharia via the e-finance portal, the bank’s CEO Abdulaziz Al Onaizan said.