Wednesday, June 30, 2010

Recovery in bank lending gets SABIC US$1.2 bln financing for expansion plans

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.

For more details on Recovery in bank lending gets SABIC US$1.2 bln financing for expansion plans click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: