Taiba Holding secures SAR 200m credit from Riyad Bank

08/12/2014 Argaam

 Taiba Holding Company has successfully completed necessary procedures for obtaining SAR 200m tawarruq credit agreement from Riyad Bank.
 

The agreement has a term of 6 months with the ability of being renewed to another similar period; Taiba said in its filling to Tadawul today.


 The amount is covered by a promissory note and a mortgage of securities held Taiba.

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