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SAIB
1030.B
-0.70%
17.04
-0.12
1030.B
AMLAK
1182
-10.31%
10.96
-1.26
1182
Default Company
7204.B
0.00%
0.00
0.00
7204.B
Riyadh – Mubasher: Amlak International Finance Company has renewed the SAR 864.50 million one-year credit facility agreement with the Saudi Investment Bank (SAIB).
The Sharia-compliant loan will be used to facilitate the company's business and increase its ability to finance clients, according to a bourse filing.
The funding was obtained on 21 April 2024.
Amlak International Finance registered a 67.12% year-on-year (YoY) decline in net profit to SAR 31.80 million in 2023 from SAR 96.72 million.
Source:
Mubasher