Elm inks SAR 1.9B banking facilities agreement with SNB

03/04/2025 Argaam
Logo ofElm Co.

Logo of Elm Co.

Elm Co. signed, on March 27, a SAR 1.9 billion Shariah-compliant banking facilities agreement with Saudi National Bank (SNB).

 

For more news on listed companies

 

In a statement to Tadawul, the company said that the financing period is five years, and the step aims at funding expansions and acquisitions.

 

The credit is covered by a promissory note.

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