In reference to the Central Bank of Saudi Arabia's circulars No. (41051780) dated 08/08/1441 AH, and No. (43104408) dated 26/12/1443 AH regarding encouraging financing entities to provide their services to owners of micro, small, and medium-sized enterprise owners through the electronic "Tamweel Portal," and in reference to the request from the Small and Medium Enterprises Bank regarding notifying financing entities about the transfer of the electronic "Tamweel Portal" authority from the General Authority for Small and Medium Enterprises "Monsha'at" to be under the umbrella of Small and Medium Enterprises Bank via the link, the Central Bank is keen to empower the financial sector to support the growth of the private sector and its strategy aimed at activating the use of electronic channels to enhance the level of services provided in this regard.

Accordingly, the Central Bank reiterates its encouragement for providing financial products and services to owners of micro, small, and medium-sized enterprises through the electronic "Tamweel Portal," urging them to utilize the services offered through it and to process requests submitted to the portal within the specified timeframes. The Central Bank also hopes to contribute to media engagement and communication through various channels and social media regarding the transition of the aforementioned electronic "Funding Portal" to the Small and Medium Enterprises Bank.