Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Saudi's Real Estate Refinance Company (SRC) inked an agreement with Riyad Bank to obtain SAR 500 million ($133 million)
Posted on August 29, 2022 |
- The agreement between SRC and Riyad Bank is the 2nd largest mortgage refinancing deal in the Kingdom.
- As a result, Saudi citizens will have better opportunities to obtain home financing solutions that suit their needs which in turn will raise the percentage of residential ownership of Saudi families from 47% to more than 60% within 4 years.