DBS secures 20M Riyal credit deal with NCB Saudi
Dar Al-Balad Business Solutions "DPS" signed a credit facilities agreement worth 20 million SAR with the National Commercial Bank (NCB) to support its operations, fund working capital, and enhance guarantee letters. The agreement, signed in June 2026 and valid until April 2027, provides financing for projects and boosts liquidity. It includes guarantees such as bonds and performance guarantees, with a financial penalty guarantee from the major shareholder, aiming to strengthen the company's financial flexibility and ensure the successful execution of its contractual obligations.
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