Dr. Soliman Abdulkader Fakeeh Hospital Company ("DSFH") and its subsidiaries ("Fakeeh Care Group", "Group", "Fakeeh Care") is pleased to announce that Dr. Soliman Abdul Kader Fakeeh Hospital Company (""DSFH"") has signed a credit Facility at competitive terms and conditions with Saudi National Bank (SNB), compliant with Islamic Sharia. This Credit Facility Agreement will be available to all Fakeeh Care Group entities and will support the Group's expansion and growth plans.
Date of obtaining the funding
2025-09-03 Corresponding to 1447-03-11
Financing entity
Saudi National Bank (SNB)
Financing amount.
570 million Saudi Riyals
Financing duration.
270 million Saudi Riyals in long-term and 300 million Saudi Riyals in short-term facilities.
Guarantees offered for the financing
Against Corporate Promissory Note Only.
Financing objective
To finance Fakeeh Care Group Expansions and Growth Plans.
Related Parties
NA
Additional Information
This facility replaces previously existing facilities of SAR 936 million that were intended for DSFH Jeddah. The new facility now incorporates improved terms and conditions while available for all main Group subsidiaries.
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