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Naseem Program




A program between the Environment Fund and Riyad Bank that contributes to supporting and financing projects for enterprises that support the environment sector, in addition to projects that support improving environmental performance within other sectors. The Environmental Fund provides guarantees on the credit facilities granted by Riyad Bank to investors in the environment sector at a certain rate  and according to the terms and conditions criteria.
Initiative Objectives

Supporting small and medium-sized enterprises (SMEs) to improve environmental compliance and performance
Promoting environmentally friendly practices across economic sectors
Encouraging small, medium, and large enterprises to invest in areas related to the environment and meteorology sectors
How to Apply 

Entities can apply to the initiative by filling out the joining application or by communicating via the following email: 
Naseem@riyadbank.com 
Targeted Sectors
  • Environmental Commitment
  • Meteorology
  • Vegetation Cover Development and Combating Desertification
  • Waste Management
  • Wildlife Development
General Conditions:
  • Entity Age: existing at least for 1 year
  • Entity Segments: small ,medium , large, and mega
  • Activity Age: All Ages (new and existing)
  • Company Nationality: Saudi & Foreign (have office in KSA)
  • Project location: Kingdome of Saudi Arabia
Purposes of Financing
Financing to support environmental performance improvement
Facilities Types:
Loans.
+966-11-401-3030 Ext. 5952
+966-11-401-3030 Ext. 5601
+966-11-401-3030 Ext. 3218
+966-11-401-3030 Ext. 2691
Naseem@riyadbank.com
 

Form

Naseem Application

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