Sure renews SAR 30M credit facility with ANB

05:20 PM (Mecca time) Argaam
Logo ofSure Global Tech Co.

Logo of Sure Global Tech Co.


Sure Global Tech Co. renewed a Shariah-compliant credit facility agreement with Arab National Bank (ANB) worth SAR 30 million, the company said in a statement to Tadawul.

 

The one-year financing deal, covered by a SAR 30 million promissory note, was signed and received today, Oct. 28.

 

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The facility will support current and future projects, bank guarantees, and letters of credit.

 

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

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