You are here:
- Home
- Commercial
- Business Solutions
- Credit Facilities
To login to SABBNET
Credit Facilities
Credit Facilities Options
Overdraft
For your working capital needs, we offer flexibly negotiated Overdraft facilities in Saudi Riyals and foreign currencies.
Loans
For your working capital needs, we offer flexibly negotiated Overdraft facilities in Saudi Riyals and foreign currencies.
Contract Finance
We selectively undertake financing of medium and large contract on a ‘Project Finance’ basis, which are “tailor made” to fit your special needs.
Murabaha Liquidity Finance
This unique product provides SABB business clients with the liquidity they require in full compliance with the Shariah principles. Operating on an Al Tawrruq concept, the bank buys metals on the open market, then sells them to the customer at a deferred payment rate. Once the customer owns the metals, he then authorises the bank to sell the metal and credit his account.
Murabaha Solutions
Murabaha Solutions enable a business to purchase goods or real estate in Saudi Arabia in full compliance with the Shariah priciples. You can request SABB to buy specified goods (e.g. machinery, equipment, raw material) or real estate/property and we will then sell it to your business at a deferred payment rate.
Ijara
Ijara (Leasing) is a medium/long-term method of financing capital equipment or real estate. It is the ideal vehicle for companies who wish to expand without tying up vital cash.
Musharaka
Musharaka is a partnership between SABB and the business client to fund a new project or to provide additional funds for an existing one. It conforms to the underlying partnership principles of sharing the profit and risk. It is normally of limited duration, with profits divided on a pre-determined basis, and losses shared in proportion to the capital contribution.
Ready to apply?
Now
Or..
- Visit the nearest Branch...
- Call us..on Toll Free: 800 124 5666 within the Kingdom or +966 (0)11 405-2066 from a mobile/abroad
- Register in SABBNET "Internet Banking Services" and enjoy preferential fees
