Sure renews SAR 15M credit facilities with Riyad Bank

12/09/2024 Argaam
Logo ofSure Global Tech. Co.

Logo of Sure Global Tech. Co.


Sure Global Tech. Co. renewed today, Sept. 12, a Shariah-compliant credit facilities agreement worth SAR 15 million with Riyad Bank.

 

 

In a statement to Tadawul, the company indicated that the three-year facility is guaranteed by a promissory note to the bank.

 

It added that the funds will be used for financing current and future projects, as well as issuing bank guarantees and letters of credit.

 

There are no related parties involved in the agreement.

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