The new financing solution enables customers to transfer their existing financing obligations to Amlak International through its digital app, providing a seamless and flexible experience.

Amlak International Finance Company has launched its Debt Buyout product as part of its efforts to expand its portfolio of digital financing solutions and provide options that meet customers’ evolving needs.

The product enables customers to transfer their existing financing obligations from banks and finance companies to Amlak International. Customers can complete the entire application process through the Amlak International app, providing a seamless and flexible digital financing experience.

Commenting on the launch, Mr. Adnan Alshobely, Chief Executive Officer of Amlak International Finance Company, said:

“The launch of our Debt Buyout product reflects Amlak International’s commitment to developing innovative financing solutions that enhance the customer experience, keep pace with developments in the financial sector and contribute to the objectives of Saudi Vision 2030.”

The launch forms part of Amlak International’s strategy to expand its digital financing solutions and provide more flexible and accessible services that meet customers’ needs and evolving expectations.