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SRC and SNB Finalize SAR 3.4 Billion Mortgage Portfolio Acquisition
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SRC and SNB Finalize SAR 3.4 Billion Mortgage Portfolio Acquisition

The Saudi Real Estate Refinance Company (SRC) has entered into a mortgage portfolio acquisition agreement worth SAR 3.4 billion with the Saudi National Bank (SNB). This agreement, one of the largest mortgage refinancing transactions in Saudi Arabia, aims to enhance market liquidity and support the development of the country’s secondary mortgage market. The contract was...