SVC announces the increase of its investment capital to SAR 6 billion and launches its new brand
الاثنين - 13 مارس 2023
Mon - 13 Mar 2023
SVC also announced the launch of its new brand identity as a subsidiary of the SME Bank, which reflects the strategic growth of SVC in developing its investment products and enhancing its role in stimulating and sustaining financing for startups and SMEs from pre-Seed to pre-IPO through the investment in funds and co-investment in startups.
On this occasion, Dr. Nabeel Koshak, CEO and board member of SVC, considered SVC’s move under the umbrella of the SME Bank to be a catalyst to support SVC’s goals in stimulating and developing the financing for startups and SMEs in the Kingdom of Saudi Arabia, expressing his happiness at the result of this merger in unifying efforts and serving sector.
Related Articles
Saudi Real Estate Refinance Company (SRC) signs its largest refinancing deal with Alrajhi Bank valued at more than SAR 5 billionSaudi Real Estate Refinance Company (SRC) signs its largest refinancing deal with Alrajhi Bank valued at more than SAR 5 billion
On the sidelines of the Financial Sector Conference 2023, SVC launches a new product for the investment in fintech VC fundsOn the sidelines of the Financial Sector Conference 2023, SVC launches a new product for the investment in fintech VC funds
RIYADH AIR ANNOUNCES FIRST FLEET ORDER OF 72 BOEING 787-9 DREAMLINERS ... NEW PIF-OWNED AIRLINE AIMS TO TRANSFORM SAUDI ARABIA INTO GLOBAL AVIATION HUBRIYADH AIR ANNOUNCES FIRST FLEET ORDER OF 72 BOEING 787-9 DREAMLINERS ... NEW PIF-OWNED AIRLINE AIMS TO TRANSFORM SAUDI ARABIA INTO GLOBAL AVIATION HUB
Further to the Continuous Support and Enablement by the Leadership: SME Bank Allocates 10.5 Billion Riyals to SME Funding SolutionsFurther to the Continuous Support and Enablement by the Leadership: SME Bank Allocates 10.5 Billion Riyals to SME Funding Solutions
