Saudi EXIM Bank

The Saudi Export-Import Bank has announced a notable increase in its credit facilities for non-oil exports, with a 128 percent year-on-year rise to SR16.31 billion ($4.34 billion) in the first half of 2024. This growth includes SR7.03…
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A $10 million credit line agreement was signed between Saudi EXIM Bank and Mauritania Investment Bank aims to enhance the Kingdom’s non-oil exports to the African nation and strengthen bilateral trade relations. The deal, signed at EXIM…
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Trade between Saudi Arabia and Chile is poised for growth with a new agreement between Saudi EXIM Bank and InvestChile that seeks to strengthen cooperation and boost non-oil exports. The memorandum of understanding, signed in the…
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Trade between Saudi Arabia and Brazil is poised to expand following a new agreement between their banks aimed at boosting cooperation and increasing non-oil exports. The memorandum of understanding, signed by Saudi EXIM and the Brazilian…
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Saudi EXIM Bank and its Swedish counterpart have signed an agreement to enhance the Kingdom’s non-oil exports and explore trade and investment opportunities. In an X post following the deal, the Saudi lender stated that the memorandum of…
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Saudi exporters are set to gain better access to credit facilities and risk coverage with the signing of two agreements between leading banks designed to boost non-oil exports. The Saudi Export-Import Bank and the Saudi National Bank…
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Saudi EXIM Bank and its Swiss counterpart have signed an agreement to boost the Kingdom’s non-oil exports, enhancing their global market competitiveness. In an X post following the deal, the Saudi lender stated that the reinsurance…
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The total value of credit facilities implemented by the Saudi Export-Import Bank in 2023 reached SR16.5 billion ($4.39 billion), exceeding the annual target by 33 percent. This figure represents 5.2 percent of the total financial…
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The Saudi Export and Import Bank has signed an agreement to insure Saudi Basic Industries Corporation’s sales on a letter of credit basis across 40 countries against non-payment risks posed by the issuing banks, the bank said in a statement…
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Trade ties between the Kingdom and Turkiye are set to improve after the Saudi EXIM Bank inked credit deals worth $51 million with two financial institutions in the country. Under the terms of the first contract with Turkiye Finans…
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