Scientific & Medical Equipment House Co. announces the Renewal of the Sharia-compliant Credit Facilities Agreement with Saudi National Bank

ntroduction Scientific & Medical Equipment House Co. announces the Renewal of a Sharia-compliant credit facilities agreement valued at 111,213,262 Saudi Riyals with Saudi National Bank. 

The agreement was signed, and the company received a copy on Wednesday, 27-10-1447 AH, corresponding to 15-04-2026 G.

Date of obtaining the funding 2026-04-15 Corresponding to 1447-10-27
Financing entity Saudi National Bank
Financing amount. 111,213,262 Saudi Riyals
Financing duration. Till 29-01-2027
Guarantees offered for the financing Assignment of contract proceeds, in addition to promissory note valued at 122,334,588 Saudi Riyals.
Financing objective Financing current and future projects, bank guarantees, and Letter of credits.
Related Parties 

None 


 To view the announcement on Tadawul