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2P renews SAR 95M credit facilities with NBB

2P renews SAR 95M credit facilities with NBB

Argaam17 hours ago
Perfect Presentation for Commercial Services Co. (2P) renewed a Sharia-compliant credit facility agreement with National Bank of Bahrain, at a value of SAR 95 million.
In a statement to Tadawul, the company indicated that the financing term extends till Aug. 13, 2025, noting that the offered guarantees are promissory notes by the amount of the facilities.
The company also said the purpose of the credit facility is to be utilized for new awarded projects, Issuing letters of guarantee and letters of credit. It noted that there are no related parties.
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