Riyadh – Mubasher: Saudi Arabia’s Agricultural Development Fund (ADF) on Sunday signed two cooperation agreements with Al Rajhi Bank and Samba Financial Group as part of the financing programme in partnership with commercial banks.
The agreements will enhance the initiatives aimed at developing the agricultural sector via sustainable financing methods, according to an official statement.
Moreover, they will enable the fund and commercial banks to further contribute to financing through supporting developmental programmes and agreements between the public and private sectors while providing different financial credit facilities and solutions to all entities.
The signing ceremony took place with the presence of the Saudi Minister of Environment, Water and Agriculture and ADF’s board chairman, Abdulrahman Al Fadli.
