Saudi Networkers renews SAR 55.2M credit facilities with BSF

10/12/2024 Argaam
Logo ofSaudi Networkers Services Co.

Logo of Saudi Networkers Services Co.

Saudi Networkers Services Co. renewed, on Dec. 9, a Shariah-compliant credit facilities agreement worth SAR 55.2 million with Banque Saudi Fransi (BSF).

 

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In a statement to Tadawul, the company said the funding period was extended until Oct. 15, 2025, and the credit will be used to finance working capital.

 

The amount is covered by a promissory note, the statement added.

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