Pan Gulf secures SAR 57.1M credit facilities from Al Rajhi Bank

08:33 AM (Mecca time) Argaam
Logo ofPan Gulf Marketing Co.

Logo of Pan Gulf Marketing Co.

Pan Gulf Marketing Co. obtained, on Oct. 16, SAR 57.09 million worth of Shariah-compliant credit facilities from Al Rajhi Bank, according to a statement to Tadawul.

 

For more news on listed companies

 

The one-year credit facilities were provided with no guarantees in return.

 

Pan Gulf will use the funds to finance working capital, the statement said, adding there are no related parties to the deal.

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.