Saudi EXIM Bank, Jordan HBTF Sign $10 Million Credit Line Agreement

The Saudi Export-Import Bank (Saudi EXIM) and the Jordanian Housing Bank for Trade & Finance (HBTF) signed a $10 million line of credit agreement to enhance the flow of Saudi non-oil exports into Jordanian markets and develop trade relations between the two countries.
 The two sides were represented at the signing by Saudi EXIM Finance Department General Director Eng. Abdul Latif Al-Ghaith, and HBTF Executive Vice President of Corporate Business Naser Abu Zahra. The signing took place at the Saudi EXIM headquarters in Riyadh.
 Al-Ghaith explained that the agreement affirms the bank's commitment to enabling local exporters to expand into promising markets, such as Jordan, and is part of a comprehensive strategy aimed at enhancing trade flows and building strategic partnerships with international banks and financial institutions. He considered the agreement an important step towards opening new horizons for increasing the flow of Saudi products and services into the region.