Recovery in bank lending in Saudi Arabia has helped Saudi Basic Industries Corp (SABIC), get a SR 4.5 bln (US$1.2 bln) credit facility to finance expansion plans. An agreement has been signed with Nattional Commercial Bank and will contribute to the company’s strategy of expansion and growth.
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Wednesday, June 30, 2010
Recovery in bank lending gets SABIC US$1.2 bln financing for expansion plans
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