Friday, June 18, 2010

Alinma Bank to grant US$1 bln credit facility to SABIC

In a move that will plug a gap in financing petrochemical projects at SABIC, Saudi Arabia based Alinma Bank is to grant US$1 billion credit facility that complied with Islamic law to SABIC- world numbber one world's biggest petrochemicals group.

For more details on Alinma Bank to grant US$1 bln credit facility to SABIC click here

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