Financing Product for Private Dental Healthcare Facilities

Saudi Central Bank

Reference No.: 45003680 Date: 16-01-1445 Attachments: None

Circular

To the Esteemed, Peace, mercy, and blessings of God be upon you,

Subject: Financing Product for Private Dental Healthcare Facilities.

In continuation of the Saudi Central Bank Circular No. (59878/67) dated 07/10/1440H, issued pursuant to the Noble Royal Order No. (58005) dated 01/12/1437H, which encourages banks and financial institutions to offer financing products to support Saudi dentists in establishing their private facilities, meeting their needs and aligning with their scientific specialties.

The Saudi Central Bank encourages all banks and financial institutions to offer specialized financing products for the establishment of dental clinics by recent Saudi graduates, ensuring that the requirements for obtaining this product align with the nature of these facilities. Please note that the Kafalah Guarantee Program is ready to provide the necessary support regarding required guarantees when financing this category, and inquiries can be directed to program specialists via email: (BD@kafalah.gov.sa).

Yours sincerely,

Yazeed bin Ahmed Al-Sheikh Deputy Governor for Supervision

Distribution Scope:

• Banks and financial institutions operating in the Kingdom.

P.O. Box 2992, Riyadh 11169, Kingdom of Saudi Arabia | Phone: +966 11 4633000