Abo Moati renews SAR 45 mln credit facilities agreement with Samba
08/04/2021
Argaam

Logo of Abdullah Saad Mohammed Abu Moati for Bookstores
Abdullah Saad Mohammed Abu Moati for Bookstores Co. (Abo Moati) renewed, on April 7, 2021, the Shariah-compliant credit facilities agreement with Samba Financial Group for a total of SAR 45 million.
The company said in a bourse statement that the duration of the financing is one year, guaranteed by a promissory note.
The agreement aims to finance working capital, with no related parties.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ABO MOATI
34.76
(0.18)
(0.52%)
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