‎Elm inks SAR 1.9B banking facilities agreement with SNB

‎Elm inks SAR 1.9B banking facilities agreement with SNB ‎Elm inks SAR 1.9B banking facilities agreement with SNB

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Logo ofElm Co.

Elm Co. signed, on March 27, a SAR 1.9 billion Shariah-compliant banking facilities agreement with Saudi National Bank (SNB).

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In a statement to Tadawul, the company said that the financing period is five years, and the step aims at funding expansions and acquisitions.

The credit is covered by a promissory note.

 

Logo ofElm Co.

Elm Co. signed, on March 27, a SAR 1.9 billion Shariah-compliant banking facilities agreement with Saudi National Bank (SNB).

For more news on listed companies

In a statement to Tadawul, the company said that the financing period is five years, and the step aims at funding expansions and acquisitions.

The credit is covered by a promissory note.

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