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Al-Razi obtains SAR 3M credit facilities from Al Rajhi Bank
20/11/2024
Argaam
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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.
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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.
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