| Element List |
Explanation |
| Introduction |
Al Kathiri Holding Co announces a Shariah-compliant banking facility with Riyad bank |
| Date of receiving Credit Facility |
2018-12-23 Corresponding to 1440-04-16 |
| Creditor |
Riyad bank |
| Credit Facility value |
6,521,000 SR |
| Credit Facility duration |
From the date of signing the agreement to 12/06/2021 |
| Guarantees provided for credit facility |
The facility is secured by a promissory note (equivalent to facility value) in favor of the bank |
| Reason for Credit Facility |
The purpose of this facility is to finance the company's working capital and to meet other business requirements. |
| Related Parties |
No related parties on this agreement |
| Additional Information |
None |
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