US EditionSRC and Bank Albilad Collaborate on Mortgage Portfolio Deal
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SRC and Bank Albilad Collaborate on Mortgage Portfolio Deal
The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a real estate finance portfolio purchase agreement with Bank Albilad. According to Industry sources, the signing took place in the presence of His Excellency Majid bin Abdullah Al-Hogail, the Minister of Municipalities and Housing and Chairman of SRC, alongside Mr. Nasser bin Mohammed Al-Subaie, Chairman of Bank Albilad. This deal reflects efforts taken by the two entities…
Riyadh, August 2025 – The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), signed a real estate financing portfolio purchase agreement with Bank Albilad. The agreement was attended by His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the company, Mr. Majid bin Abdullah Al-Hogail, and the Chairman of Bank Albilad, Mr. Nasser bin Mohammed Al-Subaie. This …
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