Abo Moati Stationery renews SAR 35 mln facility with Riyad Bank

20/12/2017 Argaam

 

Abdullah Saad Mohammed Abo Moati Stationeries Co. has renewed a Shariah-compliant facility worth SAR 34.61 million with Riyad Bank, the company said in a statement to Tadawul on Wednesday.

 

The facility, which was extended until July 5, 2020, will be used to finance the company’s working capital requirements. It is guaranteed by a promissory note.

 

There were no related parties involved, the statement added. 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read