19 Jan Zahrat Al Waha for Trading Co. announces the renewal of the credit facilities agreement that is in line with the Sharia regulations from Alinma Bank.
Posted at 16:01h
in Uncategorized
Agreement renewal date: 19-01-2023 Corresponding to 26-06-1444
Agreement amount: 60,000,000 SR
Agreement duration: from 19-01-2023 to 31-10-2023
Guarantees offered for the agreement: Order Notes by the company with the total value of the facilities.
Agreement objective: Opening LCs for purchase raw materials.
Related Parties: There are no related parties.
Additional Information: The limit for opening short-term credits and facilities was renewed to finance working capital with the same value of 60,000,000 SR.