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Saudi Arabia TDF: Launches digital lending service with Temenos
BankingBusiness
Less than 1 min.Read

Saudi Arabia TDF: Launches digital lending service with Temenos

Laura M
By Laura M

Saudi Arabia TDF: Launches digital lending service with Temenos

  • Saudi Arabia TDF launches digital lending service with Temenos
  • Temenos the banking software company, announced that TDF has gone live with a digital lending service in just 60 days
  • The new service provides investors and businesses in the tourism sector with rapid access to financing solutions from TDF
  • The SAR 15 billion (USD 4 billion) fund was established to enable private sector tourism investments
  • In the face of unprecedented global challenges due to the ongoing pandemic, the new digital service makes it faster and easier for local
  • The service currently offers corporate lending and treasury investment products with seamless digital onboarding and origination

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