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Saudi Real Estate Development Fund provides new loans
Saudi Press Agency Published in Saudi Press Agency on 11 - 08 - 2004

As many as 1901 Saudi citizens will benefit from new soft loans extended by the Saudi Real Estate Development Fund
(SREDF), the third batch of loans accredited within this year's budget of the government-run real estate financer.
The Director General of SREDF Eng. Mohammed bin Wasl Allah Al-Harbi said the loan amounted to SR 524 million Saudi Riyals. He added that this
year's approved loans were designed to contribute to the building of 2280 residential units in 3935 cities, towns and villages.
He urged beneficiaries lagging behind to meet their obligations, noting that punctual repayment gives room for other people to have loans
easily.

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