Al-Razi obtains SAR 3M credit facilities from Al Rajhi Bank

08:32 AM (Mecca time) Argaam
Logo ofAl-Razi Medical Co.

Logo of Al-Razi Medical Co.

Al-Razi Medical Co. obtained a SAR 3 million Shariah-compliant credit facilities from Al Rajhi Bank.

 

In a statement to Tadawul, the company said that the three-year credit facilities will go towards financing the working capital.

 

For more news on listed companies

 

The credit is covered by a declaration of guarantee of fine, performance and commitment from the Chairman of the board.

 

No related parties are included in the deal, 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.