IFC funds mortgage lending

08 July 2005
The International Finance Corporation (IFC), the private sector lending arm of the World Bank, has extended a SR 187.5 million ($50 million) loan to Saudi British Bankto support its sharia-compliant home finance activities. The murabaha facility has a tenor of 12 years.
The International Finance Corporation (IFC), the private sector lending arm of the World Bank, has extended a SR 187.5 million ($50 million) loan to Saudi British Bankto support its sharia-compliant home finance activities. The murabaha facility has a tenor of 12 years.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications