Saudi REDF said to sign deals with two banks in April

03/04/2017 Argaam

Saudi Arabia’s Real Estate Development Fund (REDF) plans to sign agreement with two new banks this month to provide finance as part of a state-subsidized mortgage program for citizens, Al-Eqtisadiah newspaper reported, citing sources familiar with the matter.

 

A total of eight banks have joined the program so far, including Riyad bank, Arab National Bank, Alinma Bank, Bank Albilad, Al Rajhi Bank, National Commercial Bank, Banque Saudi Fransi, Aljazira Bank, as well as Bidaya Home Finance. 

 

REDF launched the program in February with the first batch of 7700 beneficiaries, followed by another batch with the same number.  

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.