The Saudi Real Estate Refinance Company has signed an agreement to acquire a mortgage portfolio from Arab National Bank. The agreement was signed on 10 August 2025.
SRC operates as a secondary mortgage market facility wholly owned by the Public Investment Fund, Saudi Arabia's sovereign wealth vehicle. Its mandate is to purchase mortgage loans originated by banks and other primary lenders, freeing up balance sheet capacity at those institutions and channelling long-term capital into the housing sector.
Arab National Bank is a Saudi commercial bank.
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