• Biban 2025 kicks off in Riyadh with eight financing deals worth around USD 6 billion (SAR 22B).
• Agreements between Monsha’at and national banks aim to boost SME growth and expand access to innovative, flexible financing solutions.
• The deals align with Saudi Vision 2030, strengthening SME contributions to GDP and supporting entrepreneurs across key sectors.

Biban 

On its first day, the Biban Forum 2025, held in Riyadh, saw the signing of eight banking and financing agreements.  This year the 11th edition of the forum is held under the theme “A Global Destination for Opportunities.”

The deals signed between the Small and Medium Enterprises General Authority (Monsha’at) and several national banks amount to a total of around USD 6 billion (SAR 22B). These financing deals aim to support small and medium enterprises (SMEs). They also aim to empower male and female entrepreneurs to access flexible and innovative financing solutions.

Financing Deals

Monsha’at signed an agreement with Riyad Bank worth USD 1.3B (SAR 5B). This deal seeks to activate a joint financing program offering a variety of solutions for micro, small, and medium enterprises. The authority also signed another agreement with Alrajhi Bank. The bank will provide a USD 1B (SAR4B) financing portfolio to support entrepreneurial ventures and expand innovative financial products.

The Arab National Bank (anb) also signed a USD 533 million (SAR2B) agreement with Monsha’at. This agreement aims to help enterprises expand and strengthen their contribution to the national economy.

Monsha’at also signed an agreement with Alinma Bank for a USD 266 million (SAR 1B) financing portfolio. This aims to improve access to finance and enhance operational efficiency. Additionally, Bank AlJazira signed a USD 266M agreement covering several financing programs, including working capital and contractor financing.

A SAR700 million agreement was signed with the Banque Saudi Fransi (BSF) to support enterprise growth and advance financial and economic empowerment objectives.

The forum also saw the signing of a memorandum of understanding between Monsha’at and the Saudi National Bank (SNB). With this, it aims to enhance cooperation in developing innovative financing solutions that foster entrepreneurship and expand funding opportunities. Additionally, the bank launched a USD 1.3 billion (SAR 5B) financing portfolio. 

Moreover, Bank Albilad announced a USD 773 million (SAR2.9B) financing portfolio to support entrepreneurs and SMEs. This is alongside a USD 53.3 million (SAR 200M) portfolio dedicated to fast-growing enterprises under the Tomoh program.

The agreements seek to promote a competitive financing environment and empower SMEs to play an active role in economic development. This is in alignment with Saudi Vision 2030, which aims to increase the sector’s contribution to gross domestic product (GDP).