The Saudi Export-Import Bank (Saudi EXIM) provided SR43.22 billion ($11.49 billion) in credit facilities through the end of September 2026, an increase of 27.12% compared with 2025.
The credit facilities comprised a range of financing and insurance products, with total export financing disbursements reaching SR11.44 billion, and the value of exports covered by export credit insurance reaching SR31.78 billion, a Saudi Press Agency (SPA) report said. Small and medium-sized enterprises (SMEs) accounted for 36.7% of the bank’s total client base.
Commenting, CEO of Saudi EXIM, Eng Saad A Alkhalb, said: “The growth in credit facilities provided through the third quarter of 2026 reflects the bank’s continued progress in implementing its strategy to enable Saudi non-oil exports and enhance their global competitiveness, as these facilities create greater opportunities for Saudi enterprises to grow their export business through integrated credit solutions that help bridge financing gaps, mitigate international trade risks and strengthen their ability to access new markets.”
Credit solutions
He added: “We continue to develop our credit solutions to meet the needs of exporters of all sizes and strengthen cooperation with financial institutions and partners locally and internationally, expanding opportunities for Saudi products and services in global markets and increasing the contribution of non-oil exports to economic diversification and the objectives of Saudi Vision 2030.”
Saudi EXIM operates under the supervision of the National Development Fund (NDF).—TradeArabia News Service
Send us your company’s news today and they could be featured on ABC’s Community News tommorow.
