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Dr. Soliman Abdel Kader Fakeeh Hospital Co. Announces signing an Islamic Credit Facility Agreement with Saudi National Bank (SNB).
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FAKEEH CARE
0.90
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1448/01/13 28/06/2026 16:31:09
| Element List | Explanation |
|---|---|
| Introduction | Dr. Soliman Abdulkader Fakeeh Hospital Company ("DSFH") and its subsidiaries ("Fakeeh Care Group", "Group", "Fakeeh Care") is pleased to announce that Dr. Soliman Abdul Kader Fakeeh Hospital Company ("DSFH") has signed a Credit Facility at competitive terms and conditions with Saudi National Bank (SNB), compliant with Islamic Sharia. |
| Date of obtaining the funding | 2026-06-28 Corresponding to 1448-01-13 |
| Financing entity | Saudi National Bank (SNB) |
| Financing amount. | 1,250 Million Saudi Riyals |
| Financing duration. | 1,000 Million Saudi Riyals for a Long Term period, 250 Million Saudi Riyals for a Short Term period and for Treasury products |
| Guarantees offered for the financing | Against Promissory Note Only. |
| Financing objective | To finance Fakeeh Care Group Expansions and Growth Plans. |
| Related Parties | N/A |
| Additional Information | This Credit Facility is available to DSFH and certain Fakeeh Care Group entities and will support the Group's expansion and growth plans. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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