REDF deposits SAR 561 mln into Sakani beneficiary accounts for June 2019

03/07/2019 Argaam

 

Saudi Arabia's Real Estate Development Fund (REDF) has deposited SAR 561 million into the accounts of Sakani program beneficiaries for June 2019, the Saudi Press Agency reported on Wednesday. ​

 

A total of SAR 153 million were directed to the loan subsidy program beneficiaries, while the remaining SAR 408 million went to housing loans under the military personnel initiative.

 

REDF has injected a total of SAR 5.12 billion in Sakani beneficiary accounts from the beginning of the program in June 2017 to June 2019, of which SAR 929.2 million were allocated to Sakani beneficiaries, with nearly SAR 4.13 billion for the military personnel.

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