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About Social Development Bank
The Social Development Bank (SDB) is a government bank in Saudi Arabia that provides interest-free loans and non-financial services to empower citizens. It targets low-income families, startups, and small enterprises, offering programs like microfinance and business incubation. SDB promotes financial inclusion, entrepreneurship, and financial literacy, aligning with Saudi Vision 2030. Its unique selling proposition is offering interest-free loans for social and professional purposes, fostering economic development and financial independence. The bank's services include savings programs and support for underserved communities, making it a cornerstone of Saudi Arabia's socio-economic development strategy.
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