SEC signs direct commercial financing agreement with Bank of China

SEC signs direct commercial financing agreement with Bank of China
SEC signs direct commercial financing agreement with Bank of China

The Saudi Electric Company (SEC) recently announced a direct commercial financing agreement worth $1.5 billion for industry and commerce.

The agreement was made with the Bank of China on June 29.

SEC signed a five-year agreement without the promise of guarantees from Saskhaddm’s financing of capital projects. The agreement is worth $5625 million Saudi Riyals.

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Saudi Electricity Company

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