Mortgage Law and Housing Loans in Saudi Arabia

“For home finance, the banks and the dedicated mortgage companies are already extremely active in the market. The new mortgage law is very strong and supportive,” explains Dr. Bernd van Linder, Managing Director of Saudi Hollandi Bank.

“With regard to SME banking, we are strong supporters of SME banking. We believe that cooperation between the government, private sector, the banks, and the chambers of commerce will lead to further growth in this sector. One of the key elements is the Kafalah Guarantee Programme. Saudi Hollandi is a firm believer and a strong supporter of this programme, and we believe that it will help to further expand this sector.”