According to a recent statement, Saudi Hollandi Bank has completed a SR1.4 billion ($373.3 million) sukuk issue. It is further said that despite the seven-year maturity of the subordinated sukuk, it can be redeemed by the issuer after the end of the fi…
SAUDI Hollandi Bank had emitted a sukuk in value of SR1.4 billion ($373.3 million) with a maturity period of seven years, but it can be redeemed by issuer already after the end of the fifth year. The aim of the issuance is mainly focused on developing …
A few days ago, the Board of Directors of Saudi Hollandi Bank has made a decision to issue Sukuk worth SR 1,400 million. The issuance is a private offering aiming to support its capital base by using a Shariah compliant structure. The latter is to be a…
International Polymers Company (IPC), hastaken signed a Shariah compliant SR1.4 bln (US$373 mln) loan from Saudi banks, Riyad Bank, National Commercial Bank, Saudi Hollandi Bank, and The Saudi British Bank.
The funds will sustain the project financing …
Saudi Hollandi Bank and the International Finance Corp have signed an agreement to support small to medium businesses in the kingdom. This also contains the fact that SHB will work with the IFC to study and quantify the kingdom’s SME business segment a…
Jabal Omar Development Company the leading planner and developer of the Jabal Omar mountain area, has received agreements for bridge funding collectively worth SR1.35 billion from five national banks, namely Al Rajhi Bank, National Commercial Bank, Ba…
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