VOL. XXXVII
NO. 11
13-DECEMBER-1993
Financial and Banking News
Budgets & Revenues
Saudi Industrial Development Fund Details Lending In 1992
The Saudi Industrial Development Fund (SIDF) lent SR1.92bn ($512mn) during1992, according to the company's Annual Report. The fund extended a total of 90loans, of which 56 were for new projects. 32 loans, valued at SR632mn ($169mn),were extended to the chemical sector and 30, valued at SR628mn ($167mn), wereextended to the consumer goods sector.
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