Logo design of Saudi Paper Manufacturing Co.
Saudi Paper Manufacturing Co. signed today, Dec. 28, an arrangement with Riyad Bank for a Shariah-compliant credit center worth SAR 85 million.
The three-year funding intends to increase the business’s money liquidity to efficiently cover working capital requirements for its operations in positioning with its technique and future strategies, according to a declaration to Tadawul
The center is ensured by the business’s promissory note, the declaration included.