Saudi Export-Import Bank

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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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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The Saudi Export-Import Bank has signed an agreement with its US counterpart designed to boost cooperation and help strengthen economic and trade relations between the two countries. The memorandum of understanding, signed on the…
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