Saudi's Real Estate Refinance Company (SRC) inked an agreement with Riyad Bank to obtain SAR 500 million ($133 million)

The agreement between SRC and Riyad Bank is the 2nd largest mortgage refinancing deal in the Kingdom.
As a result, Saudi citizens will have better opportunities to obtain home financing solutions that suit their needs which in turn will raise the percentage of residential ownership of Saudi families from 47% to more than 60% within 4 years.

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