The “Kafala" Program continued its distinctive role in supporting small and medium-sized enterprises (SMEs) in the Kingdom of Saudi Arabia, as we believe in the key role this sector plays in serving and developing the business, expanding the beneficiaries’ base, and creating new job opportunities that contribute in reducing unemployment in the Kingdom. BANK ALJAZIRA is one of the first banks that have signed a partnership agreement with the Program, in order to encourage the SMEs that possess the success factors, but cannot provide the necessary guarantee or accounting records to obtain finance.
Credit Facilities guaranteed by the Program
The Program guarantees almost all types of Credit Facilities granted by the financiers to the small or medium-sized enterprise, in accordance with the legitimate finance forms accredited at Bank AlJazira.
Documents required for issuing the Guarantee:
For more information, please contact us via toll free number 800 244 9090, or you may request a meeting or call with a Relationship Manager