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  • 13-12-22

    NCP cooperates with Banque Saudi Fransi to boost contribution privatization drive

    (MENAFN) In an action to grow advanced contribution of the banking industry in Saudi Arabia’s privatization sector, the National Center for Privatization & PPP, recognized as NCP, has inked a collaboration deal with Banque Saudi Fransi.

    The deal is going to witness the two sides operating with the aim of creating a collaboration outline to back privatization as well as public-private cooperation chances in the nation.

    The deal is part of the two sides’ plan to drive the bank's customers to finance in privatization and public/private cooperation ventures.

    This deal comes in continuation of the NCP’s attempts to allow the banking as well as economic industry to back the P&PPP ventures via investing and supporting advisory facilities. NCP stated that these kind of moves are estimated to have a great effect in drawing domestic and global investments.

    The deal, which was the second of this kind collaboration agreement with the banking industry, was inked by NCP chief executive Mohannad Basodan as well as BSF chief executive Bader Al-Salloom.

    MENAFN13122022000045014228ID1105302136

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