logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Stc Solutions secures $133mn facilities from Riyadh Bank

Stc Solutions secures $133mn facilities from Riyadh Bank

NOHA.GAD
Nov 26, 2024
Contact Center Company, a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million from Riyad Bank

Riyadh - Sharikat Mubasher: Saudi Arabia’s Contact Center Company (CCC), a subsidiary of Solutions by Stc, secured bank facilities worth SAR 500 million (around $133.3 million) from Riyad Bank, according to the company’s statement.

According to the financing agreement, Riyad Bank will provide financing for one year, in compliance with the provisions of Islamic Shariah. The facilities will be used to finance working capital and issuance of letters of guarantee.

CCC, also known as Arabian Internet and Communications Services Company, helps its clients enhance their entire customer experience lifecycle, enabling them to build relationships, improve engagement with their customers, and unlock new business value.

It aspires to become a leader in customer experience management through excellence in execution and continuous innovation.

Tags

Saudi Arabia
Bank facilities
Share

Attract clients with your ad

Start Now

Trending

Ericsson picks Riyadh for new MEA hub
MUBASHER
Riyadh-based Flawless raises $1.5mn pre-seed round
MUBASHER.SA
PetroApp secures $50mn to fuel expansions, prepare for potential IPO
MUBASHER.SA
Arkan, BT power DHL’s PSTN Cloud Integration in 3 MENA countries
MUBASHER
CATRION pacts with Aramco to provide in-flight catering services
MUBASHER.SA

Related News

Funding News
Calendar Icon
Jul 1, 2025
Riyadh-based Flawless raises $1.5mn pre-seed round
Read More
Funding News
Calendar Icon
Jul 1, 2025
PetroApp secures $50mn to fuel expansions, prepare for potential IPO
Read More
Funding News
Calendar Icon
Jun 30, 2025
Saudi MSMEs receive SAR 383 bn credit facilities in Q1-25
Read More
Funding News
Calendar Icon
Jun 29, 2025
Saudi Impact 46 backs $5mn round for Spekter Games
Read More
Funding News
Calendar Icon
Jun 29, 2025
idea-L secures $1mn to launch AI-powered cofounder platform in Middle East
Read More
Funding News
Calendar Icon
Jun 25, 2025
MEVP joins $55M series A for AppliedAI
Read More
Funding News
Calendar Icon
Jun 24, 2025
Equivator invests $8mn in Related to reshape loyalty landscape in Saudi Arabia
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher