Saudi financial institutions extended up to the end of the fiscal year 1424-1425AH, more than SR 300 billion, SPA reported. The support extended by the government to citizens included assistance, and soft interest-free loans through the financing institutions like the Agricultural Bank, the Credit Bank, the Real Estate Development Bank, the Industrial Development Fund and the General Investments Fund.
For instance, the General Investments Fund was established in 1391 Ah and up to the fiscal year 1422-1423AH, the Fund extended about SR 64 billion worth of loans to the general establishments and the national companies.
