Riyadh: The Saudi Real Estate Refinance Company (SRC), fully owned by the Public Investment Fund (PIF), today announced that it had received the A-classification at the level of global credit and KsaAAA at the level of local credit with a stable outlook from S&P Global Ratings.
PIF founded SRC in 2017 as a pillar and key catalyst for the growth and sustainability of residential real estate finance in the Kingdom of Saudi Arabia, after obtaining a license from the Saudi Central Bank to work in the secondary real estate finance market.
Saudi Real Estate Refinance Company receives A-Classification with stable outlook from S&P Global Ratings
PIF founded SRC in 2017 as a pillar and key catalyst for the growth and sustainability of residential real estate finance in Saudi Arabia
May 9, 2023
Article Source: Saudi Press Agency
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