Taiba Holding secures SAR 200m credit from Riyad Bank

08/12/2014 Argaam

 Taiba Holding Company has successfully completed necessary procedures for obtaining SAR 200m tawarruq credit agreement from Riyad Bank.
 

The agreement has a term of 6 months with the ability of being renewed to another similar period; Taiba said in its filling to Tadawul today.


 The amount is covered by a promissory note and a mortgage of securities held Taiba.

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.