Saudi Central Bank Extends Deferred Payment Program

Saudi Central Bank Extends Deferred Payment Program

Saudi Arabia's Central Bank said on Sunday it had extended a deferred payment program to support private sector financing for an additional three months until June 30 as part of measures to stem the impact of the coronavirus pandemic on the economy.

A statement published on the Central Bank website also said a guaranteed financing program had been extended for an additional year until March 14, 2022 to support small and medium enterprises.