SUMOU
4323
61.55%
62.60
23.85
| Element List |
Explanation |
| Introduction |
Sumou real estate company announces renewal of the credit facilities agreement that is in line with the Sharia regulations with Saudi Fransi Bank |
| Date of obtaining the funding |
2021-11-08 Corresponding to 1443-04-03 |
| Financing entity |
Saudi Fransi Bank |
| Financing amount. |
114 Million Saudi Riyals ( 64 renewable plus 50 Million For new projects) |
| Financing duration. |
Year |
| Guarantees offered for the financing |
Mortgage plus promissory note from the company |
| Financing objective |
Developing Projects finance |
| Related Parties |
There are no related parties in the agreement. |
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