Saudi Lime renews SAR 140M credit facility with ANB

12/03/2024 Argaam

Saudi Lime renews SAR 140M credit facility with ANB

Logo of Saudi Lime Industries Co.

Saudi Lime Industries Co. renewed today, March 12 a Shariah-compliant credit facility agreement at a total value of SAR 140 million with Arab National Bank (ANB).

 

Saudi Lime will use these facilities to support its strategic plans through expansion, investment, and growth, the company said in a statement to Tadawul.

 

The agreement is valid for seven years and is guaranteed by a promissory note, the company said.

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