WAJA renews SAR 12 mln loan with SNB

03/04/2023 Argaam

WAJA seals 24.6 mln contract with Ministry of Sports

Logo of WAJA Co.

WAJA Co. renewed a Shariah-compliant bank facility worth SAR 12 million with Saudi National Bank (SNB), according to a Tadawul statement.

 

The one-year loan aims to finance the issuance of bank letters of guarantee for projects, the company said.

 

It added that the facility is guaranteed by a promissory note from the company.

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