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Saudi: National Building extends credit facility deal with Alinma Bank

Saudi: National Building extends credit facility deal with Alinma Bank

Zawya18-06-2025
Riyadh: National Building and Marketing Company (NBM) has renewed a Shariah-compliant banking facility agreement valued at SAR 135 million with Alinma Bank.
The company obtained the funding to support its working capital, according to a bourse disclosure.
The revolving facility, which holds a tenor of nine months, is secured by a promissory note and a guarantee of liability and performance, under the lender's terms and conditions.
In April 2024, National Building extended a SAR 85 million financing agreement with Alinma Bank.
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