National Building renews SAR 135M credit facilities with Alinma Bank

17/06/2025 Argaam
Logo ofNational Building and Marketing Co. (NBM)

Logo of National Building and Marketing Co. (NBM) 

National Building and Marketing Co. (NBM) signed an agreement to increase the credit facility granted by Alinma Bank by SAR 50 million, in compliance with Shariah regulations.

 

For more news on listed companies

 

In a statement on Tadawul, NBM clarified that it received the financing on July 4, 2024, noting that the nine-month term is renewable.

 

The financing was obtained under the same terms and conditions previously approved by the bank, bringing the total facility amount to SAR 135 million after the increase.

 

The Saudi-listed firm stated that the financing is intended to cover working capital requirements, confirming that there are no related parties involved.

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.