Amid the financial crisis, Al-Khabeer arranges financing deals of 2 Billion SAR for its Clients
Ghouth: We affirm our commitment to arrange financing for all our corporate clients despite regional conservative credit policies and repercussions of global financial crisis
Al-Khabeer Merchant Finance Corporation has revealed its success in arranging financing deals of about SAR 2 Billion for a number of its corporate clients during the last six months, despite the financial crisis. The company benefited from its wide network within the banking community, where it has a solid record in terms of the quality and quantity of the deals it has arranged with the banks for its corporate clients.
Ahmed Saud Ghouth, Head of Corporate Banking and Structured Finance Division at Al-Khabeer remarked: “We affirm our commitment to arranging the required finance for our clients in the region, especially in the Saudi market, in spite of the strict funding policies and the challenges imposed by the prevailing international financing crisis. This is based on our experience in understanding the needs of the corporate sector, and our ability to develop the proper solutions for the clients by providing multiple choices of financing structures that meet with the credit criteria of the banks while complying with Sharia”.
“Some countries like Saudi Arabia have witnessed sustainable growth in many fields despite the prevailing economic situations. The finance will provide added value over the long term for the companies. This success is due to our thorough knowledge of the requirement of both banks and corporate finance and the ability to understand our customers’ needs, which leads to positive results for all the interested parties,” Ghouth added.
Al-Khabeer aims at expanding in this field due to this sector’s need for specialists in arranging finance in a professional manner. This is considered as one of the most important services provided by Al-Khabeer, which has lately executed arrangement deals for installment companies, contractors and real estate developers, as well as for companies involved with industrial and commercial development.
Al-Khabeer is one of few companies in the region that provides its customers with integrated financing solutions that comply with the Sharia, according to its licenses granted by the Capital Market Authority in the Kingdom.
The company also provides consultancy and debt arrangement services, in addition to integrated services such as project management, restructuring, IPOs, placements, M&A, capital raising and investments.
