Tawasul
Mubasher TV
Contact Us Advertising   العربية

National Building secures SAR 100m from Riyad Bank

National Building secures SAR 100m from Riyad Bank
Photo Archive
NBM
9510
2.62% 305.00 7.80
RIBL
1010
-0.68% 29.35 -0.20

Riyadh – Mubasher: National Building and Marketing Company has signed a Sharia-compliant credit facility agreement worth SAR 100 million with Riyad Bank.

The loan duration is three months starting 20 September 2021, according to a bourse disclosure on Monday.

National Building aims to diversify its income resources through this loan deal.

It is worth noted that the company is listed on the Parallel Market (NOMU) of the Saudi Exchange (Tadawul), while the bank is trading on the Main Market.