SFD Signs SR 131 Million Credit Agreements With Turkey and Jordan


(MENAFN- Saudi Press Agency) The Saudi Fund For Development (SFD) has recently signed two agreements with Turkey and Jordan to provide credit facilities worth SR 131.25 million to finance the export of national non-oil goods and services in favor of Bank of Textile and Bank of Turk Land in Turkey and Housing Bank for Trade and Finance in Jordan. The Fund's Director General of Saudi Export Program Ahmed bin Mohammed Al-Ghannam said in a press statement today that the value of the Kingdom's exports to the two countries amounted to SR 29 billion during the year 2011 and imports at SR 12 billion.


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