Business
ZAWYA-NEWS: Saudi SHL Finance renews $114mln credit facility with GIB
ZAWYA-NEWS: Saudi SHL Finance renews $114mln credit facility with GIB
About this update from Shl Finance Co.
First published: 30-Dec-2025 08:17:33Staff WriterSHL Finance Company has renewed a Shariah-compliant credit facility worth 427.6 million Saudi riyals ($114 million) with Gulf International Bank (GIB).The facility aims to expand sales volume by originating new loans to its customers.The credit facility was renewed on December 29, 2025 for three years and is guaranteed by a promissory note and company receivables.(Editing by Brinda Darasha; [email protected])Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.