{"id":66316,"date":"2024-06-11T15:08:00","date_gmt":"2024-06-11T12:08:00","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=66316"},"modified":"2025-11-26T03:28:13","modified_gmt":"2025-11-26T03:28:13","slug":"%d8%b1%d9%88%d8%b4%d9%86-%d8%aa%d9%88%d9%82%d8%b9-%d9%85%d8%b0%d9%83%d8%b1%d8%a7%d8%aa-%d8%aa%d9%81%d8%a7%d9%87%d9%85-%d9%85%d8%b9-4-%d8%a8%d9%86%d9%88%d9%83-%d9%85%d8%ad%d9%84%d9%8a%d8%a9-%d9%84","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/66316\/","title":{"rendered":"\u201cROSHN signs MoUs with 4 local banks to provide leading financial services to its partners"},"content":{"rendered":"<p>concluded <strong><a href=\"https:\/\/www.roshn.sa\/\">Rushen Group<\/a><\/strong> -One of the major projects wholly owned by the Public Investment Fund\u2014in partnership with four major Saudi banks: Arab National Bank, Al-Bilad Bank, Al-Jazira Bank, and Riyad Bank\u2014which will provide a range of financial services under these memoranda of understanding.<\/p>\n<p>The signed memorandums of understanding will include the provision of tailored banking services to sub-developers working with Roshen Real Estate Group, thereby reinforcing the Group\u2019s strategy to support the private sector in the Kingdom and achieve operational excellence in its projects.<\/p>\n<p>Under these agreements, the four banks will provide a range of advanced banking services to sub-developers nominated by Roshen, including competitive financing margins and loan-to-value ratios (loan) coverage ratios. The services will also include expedited account opening and credit assessments, as well as the provision of credit facilities to eligible customers.<\/p>\n<p>Avinash Bangarkar, the Group\u2019s Chief Financial Officer, said: \u201cThe agreements we have signed with these banks reinforce our strategy, which aims to empower the private sector by facilitating better financial support services, rapid credit assessments, and streamlined financial services, enabling sub-developers and contractors to plan and execute larger, more ambitious projects, thereby contributing to their growth and long-term business sustainability.\u201d.<\/p>\n<p>He added: \u201cThese partnerships stem from our firm belief in the role of \u201c<strong><a href=\"https:\/\/amlak.net.sa\/en\/65013\/\">Rushen<\/a><\/strong>\u201dIn contributing to the achievement of the goals of the Kingdom\u2019s Vision 2030, and we are confident that these strategic partnerships will enable us to achieve a qualitative leap in the speed of implementation and quality of our projects, which will positively reflect on our support for the private sector and contribute to realizing the Kingdom\u2019s development vision in terms of economic diversification and increasing home ownership rates.\u201d.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Roshen Group\u2014one of the major projects wholly owned by the Public Investment Fund\u2014has entered into agreements with four major Saudi banks: Arab National Bank, Al-Bilad Bank, Al-Jazira Bank, and Riyad Bank, which will provide a range of financial services under these memorandums of understanding. The signed memorandums of understanding will include the provision of tailored banking services to sub-developers working with Roshen Real Estate Group, thereby reinforcing the Group\u2019s strategy to support \u2026 <a title=\"\u201cRoshen\u201d Signs Memorandums of Understanding with Four Local Banks to Provide Cutting-Edge Financial Services to Its Partners\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/66316\/\" aria-label=\"Read more about \u201cRoshen\u201d signing memorandums of understanding with four local banks to provide cutting-edge financial services to its partners\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":53217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[119],"tags":[],"class_list":["post-66316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-finance"],"acf":{"amlak_post_excerpt":"\u0645\u0630\u0643\u0631\u0627\u062a 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