National Building renews SAR 85M credit facility with Alinma Bank

National Building renews SAR 85M credit facility with Alinma Bank

National Building and Marketing Co. signed a renewal for the Shariah-compliant credit facilities agreement worth SAR 85 million with Alinma Bank, according to a statement to Tadawul. The revolving loan agreement is valid for a period of nine months, the company pointed out, adding that the facilities are secured by a fine and performance guarantee with the same conditions and provisions National Building renews SAR 85M credit facility with Alinma Bank