In a disclosure to the Boursa Kuwait, the Beyout Investment Group (BIG Holding) announced that its subsidiary, Kuwait Resources House Company for Human Resource Services and Management, has finalized the contract to renew and increase its banking facilities with Boubyan Bank.
The cash and non-cash banking facilities have been renewed and increased from KD 3,000,000 (three million Kuwaiti Dinars only) to KD 10,000,000 (ten million Kuwaiti Dinars only) to finance part of the company’s new projects as follows:
an increase and adjustment of the letter of guaranteed issuance limit to KD 5,500,000 (five million five hundred thousand Kuwaiti Dinars only) and cash credit limits of KD 4,500,000 (four million five hundred thousand Kuwaiti Dinars only) to finance the company's projects.