Saudi Export-Import Bank Loans Over 150B Riyals

The Saudi Export-Import Bank announced that the total credit facilities provided since its establishment have exceeded 150 billion SAR, with a rapid acceleration in business activities to achieve developmental and economic goals. Last year, the volume reached 100 billion SAR, with an increase of over 50 billion SAR in 18 months. The bank aims to support non-oil exports and enhance their global competitiveness by offering financing solutions and guarantees, under the supervision of the National Development Fund, to promote the growth of the Saudi economy and expand the presence of Saudi products in international markets.

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