Ayan Secures 150M Riyal Loan from First Bank
Ayan Investment Company announced the signing of a credit facility agreement with the First Saudi Bank worth 150 million riyals, for a period of five years, aimed at supporting its investment expansions and diversifying funding sources. The guarantees include a promissory note and a pledge on part of the investment portfolio assets. These facilities will be used to increase the company's investments in listed and unlisted shares, with the goal of capitalizing on market growth and expanding stakes in strategic companies with long-term returns.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)