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Real Estate Development Fund Exempts Deceased Borrowers From SR 170 Million Loans
Saudi Press Agency Published in Saudi Press Agency on 14 - 07 - 2013

In implementation of the order of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud to exempt the deceased citizens from loans of Real Estate Development Fund, the Director General of the Fund Mohammed bin Ali Al-Abdani has approved the exemption of the 10th and 11th batches of the deceased borrowers from loans amounting to more than SR 170 million in various regions of the Kingdom of Saudi Arabia.
The two batches of borrowers included 1,040 dead citizens.

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