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Bawan raises SAR200m facility from Al Rajhi Bank

Bawan raises SAR200m facility from Al Rajhi Bank
Photo Credit: Arabianeye-Reuters
ALRAJHI
1120
14.02% 79.70 9.80
Default Company
1302.O
0.00% 0.00 0.00

Bawan Holding Co. announced it signed a Sharia-compliant financing agreement worth SAR 200 million with Al Rajhi Bank.

The facility has a maturity from February 2 till August 16, 2015.

According to the company’s statement, the facility will go for financing working capital requirements.

Photo Credit: Arabianeye-Reuters