Alqanoni

Law of Small and Medium Enterprises Bank

Art. 11
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

The Bank shall open an account with the Saudi Central Bank, and it may open other accounts with any of the banks licensed to operate in the Kingdom. Disbursement from such accounts shall be in accordance with the Bank’s approved budget.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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