Saudi Central Bank extends deferred payment programme for MSMEs

The Saudi Central Bank (SAMA) announced, on 30 December 2021, that it was to extend the Deferred Payment financing support programme for a further three more months from 1 January to 31 March 2022, for the benefit of micro and small and medium enterprises (MSMEs) that continue to be affected by the COVID-19 precautionary measures. The move was based on the assessment of the financing entities.

Since its launch on 14 March 2020, the Deferred Payment Programme has benefited more than 107,000 contracts with a total value of SAR181 billion in deferred payments.