RIYADH: Saudi Arabia’s Export-Import Bank has provided SR100 billion ($26.6 billion) in credit facilities since its establishment in 2020, marking a major milestone in its development journey.
The achievement reflects ongoing efforts to boost the national economy by supporting the Kingdom’s non-oil exports and enhancing their competitiveness in regional and international markets, the Saudi Press Agency reported.
This aligns with Saudi Vision 2030, which aims to raise the share of non-oil exports from 16 percent to 50 percent of gross domestic product, promoting economic diversification and sustainable growth for the Kingdom.
According to figures released in August, credit facilities grew 44 percent in the first half of 2025, reaching SR23.61 billion, as the state lender intensified efforts to accelerate non-oil export growth.
Saad bin Abdulaziz Al-Khalb, CEO of the Saudi EXIM Bank, said the institution has made significant progress in supporting Saudi non-oil exports.
