SRC pens mortgage-portfolio purchase deal with ANB

07/08/2025 Argaam
Logo ofSaudi Real Estate Refinance Co. (SRC)

Logo of Saudi Real Estate Refinance Co. (SRC)

The Saudi Real Estate Refinance Co. (SRC) signed an agreement to purchase a mortgage portfolio from Arab National Bank (ANB).

 

In a statement issued on Aug. 7, SRC said the deal will help boost liquidity in the mortgage market and enable more citizens to own homes.

 

In May 2024, SRC signed a similar mortgage-portfolio purchase agreement with ANB valued at SAR 500 million, according to Argaam data.

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.