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Elm inks SAR 1.9B banking facilities agreement with SNB
03/04/2025
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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).
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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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