Samba inks SR2bn housing finance agreement with Saudi Electricity Company
- Saudi Arabia: Monday, May 18 - 2009 at 11:47
- PRESS RELEASE
Samba Financial Group signed last May 17, 2009, a financing agreement with Saudi Electricity Company, a first of its kind in the Kingdom of Saudi Arabia, to facilitate extension of housing finance amounting to SR2bn for SEC employees, in an initiative through which Samba aspires to participate in providing funding for a wide segment of citizens to own their private houses under facilitated financing schemes.
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