‎SRC, Bank Albilad ink mortgage portfolio deal

‎SRC, Bank Albilad ink mortgage portfolio deal ‎SRC, Bank Albilad ink mortgage portfolio deal

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Signing ceremony

The Saudi Real Estate Refinance Company (SRC) signed a mortgage portfolio purchase agreement with Bank Albilad to strengthen sustainability in the Kingdom’s housing finance sector and offer accessible home financing solutions, Saudi Press Agency (SPA) reported.

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The agreement deepens the existing partnership and is part of broader efforts to expand cooperation and drive growth in the housing and financial sectors.

Majeed Abduljabbar, CEO of SRC, said the deal will support future securitization plans, reinforce the residential mortgage market’s sustainability, and help attract both local and global investment.

 

Signing ceremony

The Saudi Real Estate Refinance Company (SRC) signed a mortgage portfolio purchase agreement with Bank Albilad to strengthen sustainability in the Kingdom’s housing finance sector and offer accessible home financing solutions, Saudi Press Agency (SPA) reported.

The agreement deepens the existing partnership and is part of broader efforts to expand cooperation and drive growth in the housing and financial sectors.

Majeed Abduljabbar, CEO of SRC, said the deal will support future securitization plans, reinforce the residential mortgage market’s sustainability, and help attract both local and global investment.

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