Farm Superstores renews bank facilities worth SAR 259 mln with NCB

10/05/2017 Argaam

Saudi Marketing Co. (Farm Superstores) signed an agreement on Wednesday to renew credit facilities worth SAR 259.27 million with the National Commercial Bank (NCB), according to the company’s statements on the Saudi bourse, Tadawul.

  

The credit facilities, which are secured by a promissory note, will go towards funding working capital requirements and opening new branches, the company added.  

 

The credit period is for one year between April 1, 2017 and March 31, 2018, 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.