credit facilities

Saudi Arabia’s sovereign wealth fund has secured a $15 billion revolving credit facility to support general corporate purposes, according to a statement. The Public Investment Fund said it was obtained from a diverse global syndicate of…
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Credit facilities provided by Saudi finance companies saw 12 percent annual rise in the first quarter of 2024, to reach SR88.6 billion ($23.62 billion), official data has revealed. Figures released by the Saudi Central Bank, also known…
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The Saudi Export-Import Bank has announced a notable increase in its credit facilities for non-oil exports, with a 128 percent year-on-year rise to SR16.31 billion ($4.34 billion) in the first half of 2024. This growth includes SR7.03…
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The cumulative credit balance in the UAE’s business and industrial sectors rose to 757.4 billion dirhams ($206.2 billion) in the first quarter of the year, up from 741.8 billion dirhams at the end of 2023. A release from the Central Bank…
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The total value of credit facilities implemented by the Saudi Export-Import Bank in 2023 reached SR16.5 billion ($4.39 billion), exceeding the annual target by 33 percent. This figure represents 5.2 percent of the total financial…
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