Social Development Bank Launches Health Facilities Portfolio

The Social Development Bank has announced a package of initiatives designed to reduce the financial and economic impact on individuals and SMEs as a result of COVID-19. Among these initiatives is the Health Care Portfolio which aims at supporting existing and emerging health facilities in 12 health sector licensed by the Health Ministry. The CEO of the bank, Ibrahim Bin Hamad Alrashid, has said health facilities funded by the bank are stable. The launch of the portfolio is timed to coincide with a number of strategic directives designed to support the health sector by supporting 12 health facilities including medical complexes, medical factories, specialist clinics, and medical laboratories. Full story

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