Saudi Banks Sign Supply Chain Financing Deal With Government
- Date: 16-Nov-2020
- Source: Bloomberg
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Banks Sign Supply Chain Financing Deal With Government
Follow us @middleeast for more news on the region.Saudi Arabia's Ministry of Finance and three of the kingdom's largest banks have started a supply chain financing facility that will enable contractors to secure money owed to them faster.
The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group
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