TAM secures SAR 25M Islamic facilities from Banque Saudi Fransi

26/03/2024 Argaam
Logo ofTAM Development Co.

Logo of TAM Development Co. 

TAM Development Co. signed on March 25 a 12-month agreement with Banque Saudi Fransi to secure Shariah-compliant facilities of SAR 25 million.

 

The facilities are fully guaranteed by a promissory note, TAM said in a statement to Tadawul, adding that it aims to issue letters of guarantee and multi-purpose financing.

 

The parties agreed to the deal on Jan. 25.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.