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Deceased borrowers exempted from repayment of bank loans

Deceased borrowers exempted from repayment of bank loans
6 Nov

Riyadh - SPA

Pursuant to instructions from King Abdullah bin Abdul-Aziz, the Real Estate Development Fund exempted 976 deceased borrowers from repayment of
loans. The exempted loans worth SR 159 million. Heirs can now secure redemption of their
inherited mortgaged properties.

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