| Element List |
Explanation |
| Introduction |
Liva Insurance Company announces contract award with Banque Saudi Fransi (BSF) to provide Insurance Services. |
| Date of the Award |
2024-07-15 Corresponding to 1446-01-09 |
| Counterparty |
Banque Saudi Fransi (BSF) |
| Contract Value |
The agreement value exceeds 10% of the Insurance Revenues of the company as per the latest audited financial statements for the year 2023. |
| Expected Date for Signing the Contract |
2024-07-16 Corresponding to 1446-01-10 |
| Contract Details |
Liva Insurance Company announces that it has received on Monday 15/07/2024G Corresponding to 09/01/1446H, the confirmation from Banque Saudi Fransi (BSF) to provide Insurance Services for the bank for a period of one year starting on 16/07/2024G. |
| Related Parties |
There is no related party. |
| Additional Information |
Liva Insurance company confirms that the contract is in the ordinary course of business and does not confer any preferential benefits. The contract is expected to have a positive impact on Liva Insurance Company's 2024 and 2025 financial results. |
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