Samba inks USD loan deal with Asian banks

Riyadh – Mubasher: Saudi Arabia’s Samba Financial Group has reached a USD-dominated credit facility agreement with a group of Asian banks.

The banks included Mizuho Bank, Korea Development Bank (KDB), and People's Bank of China, according to a company statement released on Saturday.

Samba reported a 7.4% year-on-year decrease in profits in the first quarter of 2019, recording SAR 1.2 billion.

Mubasher Contribution Time: 06-Jul-2019 14:37 (GMT)
Mubasher Last Update Time: 06-Jul-2019 14:37 (GMT)