Rejected requests of financing among MSME in Saudi Arabia in 2020

Published by
Amna Puri-Mirza,
Oct 13, 2022
In the first month of the COVID-19 pandemic, approximately 32 percent of financing requests from small-sized enterprises in the Kingdom of Saudi Arabia were rejected. According to the source, around 70 percent of micro, small, and medium-sized enterprises applied for financing from the Social Development Bank in the first month of the pandemic.

Share of financing requests rejected among micro, small, and medium-sized enterprises (MSME) in the Kingdom of Saudi Arabia in 2020

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

In cooperation with
Release date

October 2022

Region

Saudi Arabia

Survey time period

April 16 to April 20, 2020

Number of respondents

918 respondents

Special properties

micro, small and medium sized enterprises from Saudi Arabia

Supplementary notes

Original question: "Have you tried to apply for funding from any financial institution? If yes, has your application been approved?"

Citation formats
Statista Accounts: Access All Statistics. Starting from $588 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$69 USD $49 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Other statistics that may interest you

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you

Middle East North Africa Overview

4

Total number of cases by country

7

Total number of death by country

7

Political and economic implication for the region

4

Further Content: You might find this interesting as well

Topics

Coronavirus impact on retail in CanadaFood shopping behavior in CanadaCoronavirus (COVID-19) in CanadaOnline grocery market in CanadaImpact of the COVID-19 pandemic on older adults in the U.S.
Statista Accounts: Access All Statistics. Starting from $588 USD / Year
Learn more about how Statista can support your business.
Menu