Saudi Networkers renews SAR 55.2M credit facilities with BSF

Saudi Networkers Services Co. renewed, on Dec. 9, a Shariah-compliant credit facilities agreement worth SAR 55.2 million with Banque Saudi Fransi (BSF).

In a statement to Tadawul, the company said the funding period was extended until Oct. 15, 2025, and the credit will be used to finance working capital.

The amount is covered by a promissory note, the statement added.