RIYADH: The total credit facilities provided by the Saudi Export-Import Bank surpassed SR40 billion ($10.6 billion) in 2025, according to the institution’s chairman.
In an interview with Argaam, Saad Al-Khalab said that since its establishment in February 2020, the bank has now extended cumulative credit support exceeding SR100 billion.
This portfolio is allocated with approximately 40 percent dedicated to direct financing and 60 percent to insurance solutions, designed to bolster Saudi exporters, local financial institutions, and foreign buyers of Saudi goods.
Sectorally, industrial exports receive the largest share of support at 60 percent, followed by over 20 percent for the mining sector. The remaining facilities are directed towards services, technology, and agricultural industries.
Al-Khalab highlighted a significant surge in demand for both raw and processed mining products. To meet this demand, Saudi EXIM has established revolving credit facilities worth over $1.5 billion for more than eight major exporters and global trading firms, facilitating exports to over 150 countries worldwide.
