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SFD Signs Agreements to Finance National Non-Oil Products to Jordan and Turkey
Published in Saudi Press Agency on 19 - 03 - 2012

The Saudi Fund for Development (FSD) approved to provide credit facilities to open lines of credit to finance exporting national non-oil goods and services from the Kingdom with total amount of US55,000,000 dollar through two credit lines for the benefit of Capital Bank and Commercial Bank of the Jordanian Kingdom and Al Baraka bank of Turkey.
The two agreements of Capital Bank and Commercial Bank of Jordan were signed yesterday in Amman. The agreement of Bank Al Baraka of Turkey was signed today in Istanbul. Ahmad bin Mohammed Al-Ghanem, Director General of Saudi Export Program of SFD, signed on the agreements.
In a press statement, Al-Ghanem said that these agreements came within the framework of enhancing relations of the Kingdom of Saudi Arabia with Jordan and Turkey.


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