Introduction | Al Kathiri Holding Co announces a Shariah-compliant banking facility with Riyad bank |
Date of receiving Credit Facility | 2018-12-23 Corresponding to 1440-04-16 |
Creditor | Riyad bank |
Credit Facility value | 6,521,000 SR |
Credit Facility duration | From the date of signing the agreement to 12/06/2021 |
Guarantees provided for credit facility | The facility is secured by a promissory note (equivalent to facility value) in favor of the bank |
Reason for Credit Facility | The purpose of this facility is to finance the company’s working capital and to meet other business requirements. |
Related Parties | No related parties on this agreement |
Additional Information | None |