Altwijri renews SAR 5.5M credit facility deal with SNB
- Source
- Argaam - Company Disclosures
- Source link
- https://www.argaam.com/en/article/articledetail/id/1930311
- Published
- 2026-08-18 17:16:00
- Discovered by ProcIntel
- 2026-08-18 15:16:26
- Category
- Supplier Risk
- Geography
- Saudi Arabia, UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/e34b8331-09fb-4a93-a71a-21dc46ec73ee.png" ></p> <p class="ckeCaption" >Logo ofAbdulaziz Bin Ahmed Altwijri Trading Co.</p> <hr> <p ><a href="https://www.argaam.com/en/tadawul/nomu/altwijri" target="_blank">Abdulaziz Bin Ahmed Altwijri Trading Co.</a> renewed today, Aug. 18, a Shariah-compliant credit facility deal worth SAR 5.5 million with Saudi National Bank (<a href="https://www.argaam.com/en/tadawul/tasi/snb" target="_blank">SNB</a>).</p> <p ></p> <p >In a statement to <strong>Tadawul</strong>, the company said the credit facility deal is dated Aug. 11 and was officially signed today. The financing matures on May 31, 2027.</p> <p ></p> <p >The facilities will be used to finance working capital and issue letters of credit. Collaterals provided for the financing include personal joint and several guarantees from Mohammed Altwijri and Khalid Altwijri, as well as a guarantee from the Small and Medium Enterprises Loan Guarantee Program (Kafalah).</p> <p ></p> <p >The company noted that there are no related parties to the agreement.</p>
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "2 linked geographies"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.