SDB and GIB launch digital lending Platform

The Minister of Human Resources and Social Development, HE Ahmed bin Sulaiman Al-Rajhi, has launched a digital financing platform for micro and small enterprises in Saudi Arabia during a virtual meeting attended by the Chairman of Gulf International Bank – Saudi Arabia (GIB), Abdulla bin Mohammed Al-Zamil, the CEO of Social Development Bank (SDB), Ibrahim bin Hamad Al- Rashid, the Group CEO of GIB, Abdulaziz Bin Abdulrahman Al-Helaissi, and the Group CEO and founder of Beehive fintech company, Mr. Craig Moore. This new digital financing platform has been created through was the result of a strategic cooperation between SDB and GIB, which aims to ensure swift and efficient access to finance for micro and small enterprises in Saudi Arabia, using Beehive modern financial technology solutions.


The inauguration of GIB’s operations centre in Al Khobar

His Highness the Governor of the Eastern Province inaugurates GIB’s Operations Centre in Al Khobar. His Royal Highness Prince Saud bin Nayef Al Saud at the bank’s new operations centre in Al Khobar. The Governor praised GIB’s modern technology, saying it lived up to the goals of the Kingdom's 2030 vision and kept the Kingdom at the forefront of technological development.


Socially responsible investing grows by 2030

As the world's population grows, socially responsible investing (SRI) will grow by 2030, creating significant structural changes in the financial sector.