Naba Alsaha gets SAR 11 mln credit facilities from Al Rajhi Bank

21/11/2023 Argaam
Naba Alsaha Medical Services Co.

Naba Alsaha Medical Services Co.

Naba Alsaha Medical Services Co. obtained SAR 11 million worth of credit facilities from Al Rajhi Bank, according to a statement to Tadawul today, Nov. 21.

 

The five-year facilities are aimed at financing capital expansions such as renovations and/or the purchase of medical tools and equipment for AlAnwar Medical Hospital in Hail.

 

The facilities, which were obtained on Nov. 20, have been provided in exchange for real estate guarantees according to a real estate registration on Nov. 20, 2023.

 

There are no related parties to the deal, Naba Alsaha added.

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