Bank Albilad and Al Salam Medical Group signed a financial facilities and banking cooperation agreement. This agreement comes as an extension of the financing process for the construction of Al Salam Hospital project in Al Salam neighborhood in Riyadh, which was financed by Bank Albilad, in the presence of Khaled bin Sulaiman Al Jasser, CEO of Bank Albilad, Nasser bin Finisan Al Sihani, Chairman of Al Salam Medical Group, and several officials from both sides.

The funding aims to establish Al Salam Hospital in Riyadh with a capacity of (100) beds and advanced health services established with health services and technologies according to high international standards and the latest medical equipment, which is expected to be trial run during the coming period, and the official operation of the hospital will start in the first quarter of 2016.

Khalid bin Sulaiman Al Jasser, CEO of Bank Albilad, said: 'Bank Albilad is engaged in financing a wide range of economic and developmental activities and providing health care. Al Jasser expressed his deep pride in the strategic relationship that has been established between us and Al Salam Group Company, which will continue, God willing, to contribute to achieving development goals and implementing the directives of the wise leadership.'.

For his part, Nasser bin Finisan Al-Saihani, Chairman of Al Salam Medical Group Company, said that our vision in Al Salam Medical Company is to provide comprehensive health services of international quality according to modern technology methods, and that this project is the advanced integration phase of the group and the culmination of this group's long experience in the medical field.