Riyadh – Mubasher: Bank Aljazira announced signing two agreements with Aljazira Takaful Taawuni Company, according to two bourse disclosures on Thursday. 

The first agreement is a real estate financing portfolio protection services deal valued at SAR 26.88 million and the second one is a personal finance portfolio protection agreement worth SAR 21.95 million. 

The two deals are forecast to have a direct impact on the financial results for 2021 and 2022. The insurance coverage will begin on 8 October and extend for one year.