Fakeeh Care renews SAR 750M credit facility deal with ANB

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) signed a renewal of a SAR 750 million Shariah-compliant credit facility at competitive terms and conditions with Arab National Bank (ANB).

In a statement to Tadawul, the company said that the mainly long-term facility will be available to all Fakeeh Care’s entities and will support the group's expansion and growth plans.

The facility is covered by a promissory note, the company said, noting that no related parties to the deal.