Regulatory Alerts2019-06-10
Financing Product for Private Dental Healthcare Facilities
The Saudi Central Bank issued a circular directing banks and financing companies in the Kingdom to launch a dedicated financing product for private dental healthcare facilities. Aligned with a Royal Order, the directive aims to create employment opportunities for Saudi dental graduates by enabling them to establish specialized private clinics. Financial institutions are authorized to coordinate with the Social Development Bank and tailor loan structures to meet dentists' operational needs.
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