The National Commercial Bank (NCB) has signed a memorandum of understanding with the Saudi Basic Industries Corporation (SABIC) to help boost the financing of small and medium enterprises (SMEs). The move will help develop local industries through financing and refinancing entrepreneurs.

沙特国家商业银行（NCB）近日与沙特基础工业公司（SABIC）签署一谅解备忘录。此备忘录的主要内容为承诺通过融资与再融资的方法为当地中小企业提供帮助。

The agreement will enable entrepreneurs and small and medium enterprises (SMEs) to obtain support and funding from NCB at preferential rates. In addition, NCB will provide other services, including training and educational and awareness courses.

这一协议使得中小企业能够以较优惠的费率获得资金支持，促进当地产业发展。另外，NCB还向企业提供包括培训、教育和意识课程在内的其他服务项目。

Promoting the development of the SMEs is an important measure for the economic transformation of Saudi Arabia. With the escalation of international trade frictions, banks and financial institutions are more cautious and tighten their lending policies, making it difficult for SMEs to obtain loans. NCB's move is meaningful for the development of SMEs in Saudi Arabia.

促进中小私营部门发展是沙特经济转型的重要举措，随着全球贸易摩擦升级，银行金融机构更加谨慎，收紧放贷政策，私营中小企业很难获得贷款，NCB此举有助于沙特中小企业发展。

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