إعلان شركة ساب للتكافل عن تمديد وثيقة تأمين حماية ديون المجموعات مع البنك السعودي الب&

A8080 SABB TAKAFUL-0.15 (-0.49 %)
1443/03/26 Mon Nov 1, 2021 15:42:48

SABB Takaful's announce an extension of the current Group Creditors policy of a related party.

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Element List	Explanation
Introduction	SABB Takaful's announce an extension of the current Group Creditors policy of a related party.
Date of Announcement of the Award	2021-11-01 Corresponding to 1443-03-26
Contract Subject Matter	Extension Group Creditor Policy.
Date of Signing the Contract	2021-11-01 Corresponding to 1443-03-26
Contract Value	Total contribution/amount is 21,967,000 SR which is more than 1% of the revenue based on the audited financial statement for the year 2020.
Contract Details	Extension of Group Creditor Policy for SABB Bank.
Contract Duration	3 months starts at 01-11-2021
Financial Impact and the Relevant Period	The impact of this contract will be shown in the current year financial results 2021.
Related Parties	The Board members Mr. Mohammed Alshayea, Mr. Bashar Alquinabit, Mr. Yassar Albarrak, Mr. Faris Alshareef, Mrs. Maha Alsudairi have direct interest in the policy as they are representatives of SABB Bank in the Board of Directors of the Company.
Additional Information	This contract have been signed with no special or preferential terms with the mentioned contracts in this item.

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