Alhasoob fully repays short-term financing from Al Rajhi Bank

10/01/2023 Argaam

Alhasoob fully repays short-term financing from Al Rajhi Bank

Logo of Alhasoob Co.

Alhasoob Co. said that it successfully repaid in full short-term financing obtained in January 2022 from Al Rajhi Bank.

 

There is no financial impact from this event, the company said in a statement on Tadawul.

 

In January 2022, Alhasoob said it obtained short-term Shariah-compliant financing worth SAR 7.5 million from Al Rajhi Bank, according to data compiled by Argaam.

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