Saudi EXIM Bank


About

The Saudi Export-Import Bank was established by the Royal Decree N°423 dated 06/24/1441 AH (corresponding to 18 February 2020) to promote the development and diversification of Saudi exports and increase their ability to compete in global markets in various sectors.

The Bank aims to provide export financing, guarantees, credit insurance, and different facilities with competitive advantages to enhance confidence in Saudi exports and their entry into new markets. In addition, Saudi EXIM Bank aims to reduce the risks and create added value for Saudi-made exports and imports.

The Bank is aligned with the goals and foundations of the Kingdom’s Vision 2030 concerned with increasing the ratio of non-oil exports and diversifying national economy income sources.

Vision

To become a leading financial institution contributing to the fulfillment of the Kingdom of Saudi Arabia’s non-oil export aspirations​.

Mission

Contributing to the diversification of the Kingdom of Saudi Arabia’s economic base by enabling its non-oil export ecosystem through bridging financing gaps and mitigating export risks​.

Products and services

Direct finance

  • Supply chain finance
  • Letter of guarantee
  • Discounting
  • Buyer’s credit
  • Pre-export finance
  • Structured finance for international projects
  • Working capital finance

Indirect finance

  • Line of credit (international)
  • Line of credit (domestic)

Insurance

  • Letter of credit insurance policy
  • Export credit insurance policy

Beneficiaries

  • Saudi exporters
  • International importers
  • Financial institutions

For more information please consult: https://saudiexim.gov.sa/