Regulation, Risk & Compliance
Retail Banking
Uncategorized
Saudi German signs R305 Islamic debt facility
Saudi German Hospitals has signed a R305m (US$81.3m) Shariah-compliant two-part debt facility with Al Rajhi Bank. R120m of the facility are revolving loans that are renewed periodically while the remaining R185m loan has a six-year tenor including a two-year grace period. The former is to cover working capital while the…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Laing Buisson