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Saudi’s SRC, Alrajhi Bank sign landmark refinancing deal

The Saudi Real Estate Refinance Company (SRC), which is wholly owned by the Public Investment Fund (PIF), signed a portfolio purchase agreement with Alrajhi Bank, considered the world’s largest Islamic bank by mortgage assets and market cap, to refinance more than SAR5bn real estate financing portfolio.  The deal signed by…

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Click here to read the full story: Gulf Business

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