Waja inks SAR 15M credit facility with Bank Albilad

18/12/2023 Argaam
Logo ofWaja Co.

Logo of Waja Co.

Waja Co. signed a Shariah-compliant credit facility worth SAR 15 million with Bank Albilad, according to a statement to Tadawul.

 

The one-year facility is guaranteed by the company’s promissory note.

 

The loan will be used to issue letters of guarantee for the company’s projects.

 

There are no related parties to the deal, the statement added.

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