KEIR obtains SAR 50M credit facilities from ANB

09:24 AM (Mecca time) Argaam
Logo ofKeir International Co.

Logo of Keir International Co.

KEIR International Co. (KEIR) secured, on Jan. 14, SAR 50 million Shariah-compliant credit facilities from Arab National Bank (ANB).

 

 

The facilities have a duration of 12 months, the company said in a statement to Tadawul, adding that there are no related parties.

 

The facilities will support project financing and facilitate the issuance of bank guarantees and letters of credit.

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