Al Kathiri gets SAR 5 mln credit facility from ANB

04/06/2018 Argaam

Al Kathiri Holding Co. has inked a Sharia-compliant credit facility agreement worth SAR 5 million with the Arab National Bank (ANB), the Nomu-listed company said in a bourse filing.

 

The facility will go toward financing the company’s expansions.

 

The renewable loan, which will extend until April 30, 2019, was guaranteed by a promissory note for the bank.

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