COVID-19: Saudi central bank extends deferred payment programme
Move meant to support private sector financing until June 30
Image Credit: Bloomberg
Abu Dhabi: Saudi Arabia’s Central Bankk has extended a deferred payment programme to support private sector financing for an additional three months - until June 30 - as part of measures to stem the impact of the COVID-19 pandemic on the economy.
In addition, a statement published on the Central Bank's website said a guaranteed financing programme had been extended for an additional year - until March 14, 2022 - to support small and medium enterprises.