SABB Takaful sigs SAR 26.3 mln insurance contract with Saudi Home Loans

30/12/2021 Argaam

Logo of SABB Takaful


SABB Takaful signed, today, Dec. 30, a contract with Saudi Home Loans Co. (SHL) to provide credit insurance services at a total value of SAR 26.3 million.

The contract value exceeds 5% of the total annual written premium for 2021, SABB Takaful said in a statement to Tadawul.

The one-year contract is valid from Jan. 1, 2022.

The contract is expected to have an impact on the company’s 2022 financial results, SABB Takaful added.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts