Saudi EXIM Bank Boosts Credit Facilities by 44%

The Saudi Export-Import Bank (Saudi EXIM) achieved a significant leap in credit facilities provided during the first half of 2025, totaling SAR23.61 billion, marking an increase of 44% compared with SAR16.31 billion during the same period in 2024. The growth aims to enable Saudi non-oil exports to expand and reach global markets, marking the bank's continued upward trajectory since its establishment in 2020.
 The credit facilities were distributed between financing and insuring the export of Saudi non-oil products and services. By the end of June, total disbursed amounts for export financing requests reached SAR8.87 billion, registering a rise of 26.17% compared with SAR7.03 billion at the end of June last year. Meanwhile, total exports covered through export credit insurance reached SAR14.74 billion by the end of June, recording an increase of 58.84% compared with SAR9.28 billion in the same period last year.
 Saudi EXIM is affiliated with the National Development Fund and seeks to contribute to diversifying the Kingdom's economic base by enhancing the efficiency of the ecosystem for exporting national non-oil products and services. It does so by bridging financing gaps and reducing export risks, thereby supporting the growth of the non-oil national economy in line with Saudi Vision 2030.