Care inks SAR 100 mln facility with Riyad Bank to expand hospital

05/11/2015 Argaam

National Medical Care Co. (Care) has signed a SAR 100 million Murabaha agreement with Riyad Bank to finance renovations at its National Care Hospital, the company said in a statement.

 

The facility will extend to six years and half, with a grace period of one year.

 

Earlier this week, Care said it plans to expand the Riyad-based hospital for a total value of SAR 100 million.

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