最新报道：According to crowdfundinsider on August 3rd, the Saudi Real Estate Refinancing Company (SRC) and Albilad Bank recently signed a real estate financing portfolio purchase agreement, aimed at strengthening the Kingdom's residential mortgage market and enhancing liquidity in the financial system. The signing ceremony took place in the presence of Majid bin Abdullah Al-Hogail, Minister of Municipality and Rural Affairs and Housing and Chairman of SRC, and Nasser bin Mohammed Al-Subaie, Chairman of Albilad Bank. The agreement, a continuation of the partnership between the two institutions that began in 2022, is part of a broader strategy to strengthen the secondary mortgage market, providing liquidity to primary lenders and expanding access to housing finance, supporting the housing program goals under Saudi Vision 2030. SRC CEO Majeed bin Fahed Al-Abduljabbar stated that the agreement marks an important milestone in expanding the company's refinancing capabilities and supporting future securitization programs. This collaboration will help enhance the sustainability of the residential mortgage market and attract domestic and international investment. Abdulaziz Al-Anizan, CEO of Albilad Bank, stressed that this partnership will promote the growth of Saudi Arabia’s real estate financing industry and the development of local capital markets, providing innovative and sustainable housing financing solutions.