Boubyan Bank has offered credit facilities worth KWD 6 million
KIB
KIB`R
2.16%
236.00
5.00
KIB`R
OULAFUEL
OULAFUEL`R
-0.99%
502.00
-5.00
OULAFUEL`R
BOUBYAN
BOUBYAN`R
0.00%
678.00
0.00
BOUBYAN`R
Mubasher: Oula Fuel Marketing has authorised its board of directors to sign loan contracts offered by both Boubyan Bank and KIB.
The credit facility contracts are valued at KWD 13 million ($43 million), according to a bourse statement on Wednesday.
Boubyan Bank has offered credit facilities worth KWD 6 million, while KIB offered contract valued at KWD 7 million.
Source:
Mubasher