‎Najran Cement secures SAR 49M SNB loan for grid project

‎Najran Cement secures SAR 49M SNB loan for grid project ‎Najran Cement secures SAR 49M SNB loan for grid project

​‎

Logo ofNajran Cement Co.

Najran Cement Co. secured a Shariah-compliant, medium-term loan worth SAR 49 million from Saudi National Bank (SNB) for its electrical grid connection project.

Advertisement

The loan will be repaid over two years in annual installments, with a grace period of six months, according to a Tadawul statement.

The facility is secured by a promissory note, the cement producer noted.

 

Logo ofNajran Cement Co.

Najran Cement Co. secured a Shariah-compliant, medium-term loan worth SAR 49 million from Saudi National Bank (SNB) for its electrical grid connection project.

The loan will be repaid over two years in annual installments, with a grace period of six months, according to a Tadawul statement.

The facility is secured by a promissory note, the cement producer noted.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement