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Social Development Bank

Full company profile

uuid0003tu8

Namestring
Social Development Bank
Legal namestring
Social Development Bank
Websiteurl
sdb.gov.sa
Company typeenum
Private
Founded yearint
2006
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
social development financing, government development banking, small business lending, social and enterprise loans, financial inclusion services
Industry2 codes
1SBA/Government-Backed & Development Finance Loans
CodeFSAKAGAIPrimaryYes
2Social Infrastructure Funds (Schools, Hospitals, Civic)
CodeFSANAEANPrimaryNo
NAICS code1 code
  • Depository Credit Intermediation5221
SIC code1 code
  • Federal & Federally-Sponsored Credit Agencies6111
Product category
Development Banking
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Loan Interest and Service Fees
TypeSubscription Recurring
Description

The bank generates revenue through interest on social development loans and various financing products. Fees include administrative fees (ranging from 7% to 10% depending on product) and annual service fees (ranging from 2% to 3.5%). Products serve individuals, businesses, and non-profit sectors with different fee structures.

sdb.gov.sa
2Social Development Financing
TypeOne Time License
Description

Development-focused lending including family financing, home renovation, marriage loans, education financing, and support for widows, divorcees, and persons with disabilities. Revenue generated through loan servicing and administrative fees on these social financing products.

zawya.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Pricing details15 tiers
1Education Financing: up to SAR 100,000 with no administrative fees
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing ceiling up to SAR 100,000. Flexible repayment period up to 4 years (48 months). No administrative fees. Debt exemption in event of death.

sdb.gov.sa
2Family Financing: SAR 18,000 to SAR 100,000 for limited-income families
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing amounts from SAR 18,000 to SAR 100,000 (for applicants who have not previously benefited from social financing products). Debt exemption in event of death.

sdb.gov.sa
3Home Renovation Financing: SAR 18,000 to SAR 60,000 with no admin fees
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing amounts from SAR 18,000 to SAR 60,000. Flexible repayment period up to 4 years. No administrative fees.

4Marriage Financing: SAR 18,000 to SAR 72,000
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Loan amount from SAR 18,000 to SAR 72,000. Debt exemption in case of death.

sdb.gov.sa
5Kanaf Financing: SAR 18,000 to SAR 30,000 for vulnerable groups
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

For widows, divorcees, persons with disabilities, and beneficiaries of Martyrs Fund. Loan from SAR 18,000 to SAR 30,000. No administrative fees. Debt exemption in event of death.

sdb.gov.sa
6Cash Financing: up to SAR 100,000 with admin fees up to SAR 13,000
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 100,000. Repayment up to 40 months. Administrative fees not exceeding SAR 13,000, deducted from financing amount.

sdb.gov.sa
7Assets Financing: up to SAR 400,000 for transport/delivery/logistics
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Vehicle financing track: fees up to SAR 17,000 including SAR 2,000 commitment fee. Logistics track: fees up to SAR 9,000 including SAR 2,000 commitment fee.

sdb.gov.sa
8Seasonal Financing: up to SAR 30,000 for seasonal workers
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 30,000 with tenure up to 18 months. Administrative fees up to SAR 2,000.

sdb.gov.sa
9Excellence Financing: SAR 500,000 to SAR 4 million for new enterprises
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing from SAR 500,000 to SAR 4 million. Repayment up to 8 years with grace period up to 2 years. Administrative fees: 9%.

sdb.gov.sa
10Entrepreneurs Financing: up to SAR 500,000 for enterprise assets and operations
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 500,000. Repayment up to 9 years with grace period up to 12 months. Administrative fees: 9%, Annual service fees: 2%.

sdb.gov.sa
11Franchise Financing: up to SAR 4 million for franchise projects
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 4 million. Repayment up to 8 years including grace period. Administrative fees: 7%.

sdb.gov.sa
12Liquidity Financing: up to SAR 500,000 for micro-enterprises
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 500,000. Repayment up to 6 years with 3-month grace period. Administrative fees: 10%, Annual service fees: 3.5%.

sdb.gov.sa
13Information Technology Financing: up to SAR 8.5 million for IT sector
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Enterprises with revenues <SAR 3M: up to SAR 2M. Revenues SAR 3M-SAR 40M: up to SAR 5M. Revenues >SAR 40M: up to SAR 8.5M. Competitive fees through NTDP partnership.

sdb.gov.sa
14Gaming & Esports Financing: up to SAR 45 million for gaming sector
ModelOne time/ perpetual licenseBilling cadenceMonthly
Notes

Financing up to SAR 45 million for gaming and esports sector. Offered in cooperation with National Development Fund (NDF).

sdb.gov.sa
15Financial Portfolios for Productive Families: SAR 2 million to SAR 20 million
ModelOne time/ perpetual licenseBilling cadenceMulti-year contract
Notes

For entities managing financing portfolios for productive families. Term up to 6 years. Operating rate up to 15% of portfolio value based on performance.

sdb.gov.sa
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 8 records shown
1Partner Entities Portal
Description

An electronic service provided by the bank to attract partner entities to provide non-financial services to entrepreneurs.

sdb.gov.sa
+7 more records
Core offering1 text field

Social Development Bank is a Saudi government development bank providing social, freelance, and enterprise financing products to citizens, small businesses, freelancers, and non-profit organizations. Core offerings include family, home renovation, marriage, education, and Kanaf (vulnerable groups) financing for individuals; assets, cash, and seasonal financing for freelancers; and Excellence, Entrepreneurs, Franchise, IT, and Gaming & Esports financing for enterprises, all delivered through a fully digital branchless platform.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • SAR 8 billion total financing deployed to approximately 100,000 beneficiaries in 2025
+2 more records
Product and service17 records
1Family Financing (تمويل الأسرة)
CategorySocial Financing
2Home Renovation Financing (تمويل الترميم)
CategorySocial Financing
3Marriage Financing (تمويل الزواج)
CategorySocial Financing
4Education Financing (تمويل التعليم)
CategorySocial Financing
5Kanaf Financing (تمويل كنف)
CategorySocial Financing
6Cash Financing (التمويل النقدي)
CategoryFreelancer Financing
7Assets Financing (تمويل الأصول)
CategoryFreelancer Financing
8Seasonal Financing (تمويل موسمي)
CategoryFreelancer Financing
9Excellence Financing (تمويل التميز)
CategoryEnterprise Financing
10Entrepreneurs Financing (تمويل رواد الأعمال)
CategoryEnterprise Financing
11Franchise Financing (تمويل الامتياز التجاري)
CategoryEnterprise Financing
12Liquidity Financing (تمويل السيولة)
CategoryEnterprise Financing
13Information Technology Financing (تمويل تقنية المعلومات)
CategorySector-Specific Financing
14Gaming & Esports Financing (تمويل الألعاب والرياضات الإلكترونية)
CategorySector-Specific Financing
15Daem Loan (تمويل دايم)
CategoryNon-Profit Financing
16Sahem Loan (تمويل ساهم)
CategoryNon-Profit Financing
17Financial Portfolios for Productive Families (المحافظ المالية لمشاريع الأسر المنتجة)
CategoryNon-Profit Financing
Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
1Alibaba
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-12-24
Description

International partnership announced at DeveGO25 Forum supporting entrepreneurial initiatives. Alibaba is one of the international entities partnering with Social Development Bank for various entrepreneurial, healthcare, energy, and social initiatives under Saudi Vision 2030.

2Incofin
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-12-24
Description

International development finance partner collaborating with Social Development Bank. Partnership announced at DeveGO25 Forum supporting productive families financing and social initiatives.

3National Development Fund (NDF)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Cooperation with National Development Fund for Gaming & Esports financing product, offering up to SAR 45 million for companies in the gaming and esports sector.

4National Technology Development Program (NTDP)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership with NTDP for Information Technology financing product supporting micro, small, and medium enterprises in the technology sector with financing up to SAR 8.5 million.

5Local Partner Organizations
Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Multiple local organizations collaborating with Social Development Bank at DeveGO25 Forum to finance startups and foster job creation under Saudi Vision 2030. Includes 51 total agreements signed.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Saudi Industrial Development Fund (SIDF)
TypeDirect peer
Description

Saudi government development bank providing financing and credit support to Saudi industrial enterprises. Like SDB, SIDF operates under the National Development Fund umbrella and provides concessional credit for sector development, making it the closest domestic peer in mandate and structure.

2Monsha'at (General Authority for Small and Medium Enterprises)
TypeBroad incumbent
Description

Saudi government authority supporting SME growth through financing facilitation, capability building, and ecosystem development. Operates in the same SME/freelancer financing adjacency as SDB and channels capital to overlapping entrepreneur segments, though without being a direct lender.

3Kafalah Program
TypeDirect peer
Description

Saudi government-backed loan guarantee program that enables SMEs to access financing from commercial banks. Targets a similar SME and entrepreneur base as SDB's enterprise products, with both operating under the National Development Fund.

4Bahrain Development Bank
TypeRegional player
Description

Bahraini government-owned development bank providing financing to SMEs, startups, and individuals. Operates with a similar development-mandate model in a neighboring GCC market, making it a direct regional analog for SDB's enterprise and social financing products.

5Qatar Development Bank (QDB)
TypeRegional player
Description

Qatari government development bank supporting SME growth, entrepreneurship, and economic diversification. Comparable to SDB in its mission to channel concessional credit and capability support to SMEs and entrepreneurs, serving an analogous role within Qatar's National Vision 2030.

6Khalifa Fund for Enterprise Development (UAE)
TypeRegional player
Description

UAE federal initiative providing financing and non-financial support to Emirati entrepreneurs and SMEs. Operates with a development-mandate model targeting similar low-income and entrepreneur segments as SDB, though focused on Emirati nationals rather than a broader population.

7KfW Development Bank
TypeBroad incumbent
Description

Germany's state-owned development bank financing development projects globally, including SME and microfinance programs in emerging markets. A much larger international analog to SDB's mandate, providing concessional development credit and capacity-building services.

8FMO (Dutch Entrepreneurial Development Bank)
TypeBroad incumbent
Description

Dutch development finance institution investing in SMEs, financial institutions, and infrastructure across developing markets. Comparable to SDB in its mission-driven approach to financing underserved entrepreneurs and SMEs, though operating at a much larger international scale.

9BNDES (Brazilian Development Bank)
TypeBroad incumbent
Description

Brazil's main state-owned development bank providing concessional financing for SMEs, infrastructure, and innovation. Comparable in mandate structure as a government development bank channeling credit for national economic and social development priorities.

10Council of Development Finance Institutions (CDFI)
TypeOthers
Description

Industry association representing community development financial institutions providing capital to underserved markets. While not a direct competitor, it represents the global ecosystem of mission-driven development lenders with which SDB shares an operating philosophy and beneficiary focus.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Social Development Bank

Development Bankingsdb.gov.sa

Social Development Bank firmographics

Firmographics
Name
Social Development Bank
Legal name
Social Development Bank
Website
https://sdb.gov.sa
Company type
Private
Founded year
2006
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Social Development Bank industry classification

Industry
Product category
Development Banking
NAICS
Depository Credit Intermediation (5221)
SIC
Federal & Federally-Sponsored Credit Agencies (6111)
akta.pro primary industry
SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
akta.pro secondary industry
Social Infrastructure Funds (Schools, Hospitals, Civic) (FSANAEAN)

Keywords

  • Social development financing
  • Government development banking
  • Small business lending
  • Social and enterprise loans
  • Financial inclusion services

Where Social Development Bank is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

Social Development Bank business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

  1. Loan Interest and Service Fees: The bank generates revenue through interest on social development loans and various financing products. Fees include administrative fees (ranging from 7% to 10% depending on product) and annual service fees (ranging from 2% to 3.5%). Products serve individuals, businesses, and non-profit sectors with different fee structures.
  2. Social Development Financing: Development-focused lending including family financing, home renovation, marriage loans, education financing, and support for widows, divorcees, and persons with disabilities. Revenue generated through loan servicing and administrative fees on these social financing products.

Pricing tiers

ModelBillingPrice
One time/ perpetual licenseMonthlyEducation Financing: up to SAR 100,000 with no administrative fees
One time/ perpetual licenseMonthlyFamily Financing: SAR 18,000 to SAR 100,000 for limited-income families
One time/ perpetual licenseMonthlyHome Renovation Financing: SAR 18,000 to SAR 60,000 with no admin fees
One time/ perpetual licenseMonthlyMarriage Financing: SAR 18,000 to SAR 72,000
One time/ perpetual licenseMonthlyKanaf Financing: SAR 18,000 to SAR 30,000 for vulnerable groups
One time/ perpetual licenseMonthlyCash Financing: up to SAR 100,000 with admin fees up to SAR 13,000
One time/ perpetual licenseMonthlyAssets Financing: up to SAR 400,000 for transport/delivery/logistics
One time/ perpetual licenseMonthlySeasonal Financing: up to SAR 30,000 for seasonal workers
One time/ perpetual licenseMonthlyExcellence Financing: SAR 500,000 to SAR 4 million for new enterprises
One time/ perpetual licenseMonthlyEntrepreneurs Financing: up to SAR 500,000 for enterprise assets and operations
One time/ perpetual licenseMonthlyFranchise Financing: up to SAR 4 million for franchise projects
One time/ perpetual licenseMonthlyLiquidity Financing: up to SAR 500,000 for micro-enterprises
One time/ perpetual licenseMonthlyInformation Technology Financing: up to SAR 8.5 million for IT sector
One time/ perpetual licenseMonthlyGaming & Esports Financing: up to SAR 45 million for gaming sector
One time/ perpetual licenseMulti-year contractFinancial Portfolios for Productive Families: SAR 2 million to SAR 20 million

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Social Development Bank product offering

Product offering

Core offering

Social Development Bank is a Saudi government development bank providing social, freelance, and enterprise financing products to citizens, small businesses, freelancers, and non-profit organizations. Core offerings include family, home renovation, marriage, education, and Kanaf (vulnerable groups) financing for individuals; assets, cash, and seasonal financing for freelancers; and Excellence, Entrepreneurs, Franchise, IT, and Gaming & Esports financing for enterprises, all delivered through a fully digital branchless platform.

Differentiator

Problem solved

Functional benefit

Brands

  • Partner Entities Portal: An electronic service provided by the bank to attract partner entities to provide non-financial services to entrepreneurs.
  • Jusoor Platform
  • Education Finance Portal
  • Financial Portfolios for Productive Families Projects
  • Hala Service (خدمة هلا)
  • Daem Loan (تمويل دايم)
  • Sahem Loan (تمويل ساهم)
  • Excellence Financing

Products and services

  • Family Financing (تمويل الأسرة)
  • Home Renovation Financing (تمويل الترميم)
  • Marriage Financing (تمويل الزواج)
  • Education Financing (تمويل التعليم)
  • Kanaf Financing (تمويل كنف)
  • Cash Financing (التمويل النقدي)
  • Assets Financing (تمويل الأصول)
  • Seasonal Financing (تمويل موسمي)
  • Excellence Financing (تمويل التميز)
  • Entrepreneurs Financing (تمويل رواد الأعمال)
  • Franchise Financing (تمويل الامتياز التجاري)
  • Liquidity Financing (تمويل السيولة)
  • Information Technology Financing (تمويل تقنية المعلومات)
  • Gaming & Esports Financing (تمويل الألعاب والرياضات الإلكترونية)
  • Daem Loan (تمويل دايم)
  • Sahem Loan (تمويل ساهم)
  • Financial Portfolios for Productive Families (المحافظ المالية لمشاريع الأسر المنتجة)

Quantifiable outcome

  • SAR 8 billion total financing deployed to approximately 100,000 beneficiaries in 2025
  • +2 more outcomes

Companies that use Social Development Bank

Customer profile

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Social Development Bank technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature4 records

Social Development Bank partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered major and core.

  • AlibabamajorStrategic or Co-development Partner · 24 December 2025International partnership announced at DeveGO25 Forum supporting entrepreneurial initiatives. Alibaba is one of the international entities partnering with Social Development Bank for various entrepreneurial, healthcare, energy, and social initiatives under Saudi Vision 2030.
  • IncofinmajorStrategic or Co-development Partner · 24 December 2025International development finance partner collaborating with Social Development Bank. Partnership announced at DeveGO25 Forum supporting productive families financing and social initiatives.
  • National Development Fund (NDF)coreStrategic or Co-development PartnerCooperation with National Development Fund for Gaming & Esports financing product, offering up to SAR 45 million for companies in the gaming and esports sector.
  • National Technology Development Program (NTDP)coreStrategic or Co-development PartnerPartnership with NTDP for Information Technology financing product supporting micro, small, and medium enterprises in the technology sector with financing up to SAR 8.5 million.
  • Local Partner OrganizationsmajorChannel Partner/ Reseller/ DistributorMultiple local organizations collaborating with Social Development Bank at DeveGO25 Forum to finance startups and foster job creation under Saudi Vision 2030. Includes 51 total agreements signed.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Social Development Bank competitors and assessment

Company assessment

Direct peers

  • Saudi Industrial Development Fund (SIDF): Saudi government development bank providing financing and credit support to Saudi industrial enterprises. Like SDB, SIDF operates under the National Development Fund umbrella and provides concessional credit for sector development, making it the closest domestic peer in mandate and structure.
  • Kafalah Program: Saudi government-backed loan guarantee program that enables SMEs to access financing from commercial banks. Targets a similar SME and entrepreneur base as SDB's enterprise products, with both operating under the National Development Fund.

Broad incumbents

  • Monsha'at (General Authority for Small and Medium Enterprises): Saudi government authority supporting SME growth through financing facilitation, capability building, and ecosystem development. Operates in the same SME/freelancer financing adjacency as SDB and channels capital to overlapping entrepreneur segments, though without being a direct lender.
  • KfW Development Bank: Germany's state-owned development bank financing development projects globally, including SME and microfinance programs in emerging markets. A much larger international analog to SDB's mandate, providing concessional development credit and capacity-building services.
  • FMO (Dutch Entrepreneurial Development Bank): Dutch development finance institution investing in SMEs, financial institutions, and infrastructure across developing markets. Comparable to SDB in its mission-driven approach to financing underserved entrepreneurs and SMEs, though operating at a much larger international scale.
  • BNDES (Brazilian Development Bank): Brazil's main state-owned development bank providing concessional financing for SMEs, infrastructure, and innovation. Comparable in mandate structure as a government development bank channeling credit for national economic and social development priorities.

Regional players

  • Bahrain Development Bank: Bahraini government-owned development bank providing financing to SMEs, startups, and individuals. Operates with a similar development-mandate model in a neighboring GCC market, making it a direct regional analog for SDB's enterprise and social financing products.
  • Qatar Development Bank (QDB): Qatari government development bank supporting SME growth, entrepreneurship, and economic diversification. Comparable to SDB in its mission to channel concessional credit and capability support to SMEs and entrepreneurs, serving an analogous role within Qatar's National Vision 2030.
  • Khalifa Fund for Enterprise Development (UAE): UAE federal initiative providing financing and non-financial support to Emirati entrepreneurs and SMEs. Operates with a development-mandate model targeting similar low-income and entrepreneur segments as SDB, though focused on Emirati nationals rather than a broader population.

Others

  • Council of Development Finance Institutions (CDFI): Industry association representing community development financial institutions providing capital to underserved markets. While not a direct competitor, it represents the global ecosystem of mission-driven development lenders with which SDB shares an operating philosophy and beneficiary focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Social Development Bank social profiles

Digital presence

Social Development Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Social Development Bank leadership team

Management profile

Number of profiles

Profiles3 records

Social Development Bank funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Social Development Bank M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Social Development Bank

What does Social Development Bank do?

Social Development Bank is a Saudi government development bank providing social, freelance, and enterprise financing products to citizens, small businesses, freelancers, and non-profit organizations. Core offerings include family, home renovation, marriage, education, and Kanaf (vulnerable groups) financing for individuals; assets, cash, and seasonal financing for freelancers; and Excellence, Entrepreneurs, Franchise, IT, and Gaming & Esports financing for enterprises, all delivered through a fully digital branchless platform.

Is Social Development Bank a public or private company?

Social Development Bank is a private company. It is classified as state government owned and is currently operating.

When was Social Development Bank founded?

Social Development Bank was founded in 2006. It employs 1,001 to 5,000 people.

Where is Social Development Bank based?

Social Development Bank is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does Social Development Bank make money?

Two revenue lines are on record. Loan Interest and Service Fees are the primary driver. The others are social Development Financing.

Who are Social Development Bank's main competitors?

Direct peers on record are Saudi Industrial Development Fund (SIDF) and Kafalah Program. Broad incumbents are Monsha'at (General Authority for Small and Medium Enterprises), KfW Development Bank, FMO (Dutch Entrepreneurial Development Bank) and BNDES (Brazilian Development Bank). Regional players are Bahrain Development Bank, Qatar Development Bank (QDB) and Khalifa Fund for Enterprise Development (UAE). Council of Development Finance Institutions (CDFI) is listed as an others.

Does Social Development Bank have an API?

No public API is recorded for Social Development Bank.

What industry is Social Development Bank in?

Social Development Bank's product category is Development Banking. Its primary akta.pro industry code is FSAKAGAI, SBA/Government-Backed & Development Finance Loans, with a secondary code of FSANAEAN, Social Infrastructure Funds (Schools, Hospitals, Civic). Its NAICS code is 5221 and its SIC code is 6111.

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Live signals
Business Wire BlogIron Mountain Expands Footprint in the Middle East with Social Development Bank PartnershipIron Mountain announced an agreement with Saudi Arabia's Social Development Bank to modernize SME loan document processing using AI-powered InSight DXP. The initiative will automate document classification, extraction, and validation, with go-live targeted in Q3 2026. It is part of Iron Mountain's regional expansion in the Middle East.EntarabiSaudi Social Development Bank and Namal Launch SAR 10 Million Financing Portfolio for Impact VenturesSaudi Social Development Bank and Namal signed an agreement to create a joint SAR 10 million ($2.7 million) financing portfolio for entrepreneurs and startups in human health, environmental compliance, and social impact. The initiative supports Saudi Vision 2030 and is part of a broader SAR 1 billion social responsibility portfolio.PR NewswireSaudi students can now apply for Social Development Bank financing to study at University of New Haven's Riyadh campusSaudi students can now apply for Social Development Bank financing to study at University of New Haven – Riyadh, after its degree programs were added to the bank's education financing portal. The financing is available for the new College of Business and Digital Innovation, which opens in Misk City this autumn. Students are assessed against the bank's standard criteria.ZawyaSaudi: Social Development Bank achieves all 2025 funding goalsThe Social Development Bank (SDB) in Saudi Arabia announced it has met all its 2025 financing and development objectives, with total financing approaching SAR 8 billion, benefiting approximately 100,000 citizens and businesses. The bank provided SAR 3.10 billion to 8,000 businesses, SAR 2.80 billion to 65,000 freelancers and productive families, and SAR 2 billion in social financing to 35,000 citizens. SDB also expanded its non-financial services portfolio, with approximately 61,000 beneficiaries receiving empowerment services, while its portfolio for IT, gaming, and esports sectors increased to SAR 1.30 billion.Business Wire Indiaसोशल डेवलपमेंट बैंक ने DeveGo 2025 में अपनी अहम साझेदारियों और वैश्विक पहलों पर प्रकाश डालाSocial Development Bank (SDB) hosted the DeveGo 2025 forum in Riyadh, Saudi Arabia, where it launched the Saudi Empretec Fellowship in partnership with UNCTAD and finalized over 50 strategic agreements. The bank highlighted its significant investment of over SAR 8 billion annually, which supported a growth in funded businesses from 12,000 in 2021 to more than 140,000 in 2025. These initiatives aim to strengthen the entrepreneurship ecosystem and support local ventures in expanding internationally.Business Wire IndiaSocial Development Bank Highlights Strategic Partnerships and Global Initiatives at DeveGo 2025The Social Development Bank (SDB) hosted the DeveGo 2025 forum in Riyadh, announcing the launch of the Saudi Empretec Fellowship in partnership with UNCTAD to support high-potential entrepreneurs. The event featured the signing of over 50 agreements and highlighted SDB's annual investment of more than SAR 8 billion, which has helped increase employment at funded businesses to over 140,000.TradingViewZAWYA-PRESSR: Social Development Bank concludes the second edition of DeveGO25 Forum with 25,000 participantsThe Social Development Bank concluded the second edition of the DeveGo 2025 Entrepreneurship Forum in Riyadh, Saudi Arabia, which attracted 25,000 participants over three days at the King Abdulaziz International Conference Center. The forum resulted in 51 development agreements signed and launched three new financing products, including a Capital Expansion Product with a ceiling of up to SAR 10 million, alongside over 2,500 advisory sessions and 45 specialized workshops. The event reinforced its position as the largest national platform for entrepreneurship and innovation in the region, featuring participation from local and international investors, entrepreneurs, and institutions.ZawyaSocial Development Bank signs 51 agreements at DeveGO25 ForumThe Social Development Bank (SDB) signed 51 agreements at the DeveGO25 Forum in Riyadh, covering financing portfolios and local and international partnerships to support entrepreneurs, startups, micro and small enterprises, freelancers, and productive families in Saudi Arabia. Key financing deals include a SAR 100 million joint portfolio with Arab National Bank and a SAR 50 million portfolio with the Council of Foundations, alongside international partnerships with Alibaba and Incofin targeting global market access for Saudi startups. The agreements align with Saudi Vision 2030's economic transformation agenda and include provisions to create over 500 sustainable jobs for citizens.Oman ObserverOCCI showcases Omani brands at Biban ForumThe Oman Chamber of Commerce and Industry (OCCI) is participating in the Biban Forum 2025, held November 5-8 at the Riyadh Front Exhibition and Conference Centre in Saudi Arabia, leading a delegation of ten Omani trademark holders showcasing their brands at the forum's Franchise Gate. The OCCI delegation, led by Second Deputy Chairman Eng Hamoud bin Salem al Saadi, held meetings with Oman's ambassador to Saudi Arabia at the embassy in Riyadh and visited the Social Development Bank to learn about Saudi franchising financing experiences. The participation aligns with Oman Vision 2040 and Saudi Vision 2030 goals for economic integration, innovation, and SME development.GlobeNewswireMonsha’at: Day 2 of Biban 2024 raises the bar for Saudi entrepreneurship with over 1.35bn Saudi Riyals worth of agreements launchedOn Day 2 of Biban24, 20 agreements worth over 1.35bn Saudi Riyals were signed, including partnerships with the Ministry of Industry, Ministry of Health, and Albilad Bank. The Social Development Bank will finance entrepreneurs in industrial, health, and tech sectors and provide electronic payment services. The forum, organized by Monsha'at, runs from 5 to 9 November 2024.