One year later, the Bank changed its name in 2007 to the Saudi Bank for Credit and Savings, and three more tasks were delegated to it: Providing interest-free loans to small and emerging enterprises, acting as the complementary coordinator so as to sponsor the sector of small and emerging enterprises, and promoting savings. In 2008, a deposit of ten billion Saudi Riyals was added to the Bank's capital. In 2011, the Bank's capital increased to reach thirty six billion Saudi Riyals with the adjustment of the lending regulations for the small enterprises and startups.