Saudi EXIM Bank Boosts Non-Oil Export Financing by 42%
Riyadh | BETH – March 5, 2026
The Saudi Export-Import Bank recorded significant growth in the volume of credit facilities provided during 2025, reaching a total of SAR 47.62 billion, marking a 42% increase compared with SAR 33.53 billion in 2024. The growth comes as part of the bank’s efforts to support the expansion of Saudi non-oil exports and enhance their competitiveness in global markets.
Data released by the bank showed that its contribution to financing Saudi non-oil exports reached 7.65% in 2025, distributed between export financing and export credit insurance.
Export Financing
The total amount disbursed for export financing requests reached SAR 15.09 billion by the end of 2025, representing a 26% increase compared with SAR 11.96 billion in 2024.
Export Credit Insurance
In the insurance segment, the total value of exports covered through export credit insurance reached SAR 32.53 billion, marking a 51% increase compared with SAR 21.57 billion in 2024.
Key Achievements in 2025
The year witnessed several major institutional milestones, including:
The bank obtaining an A+ credit rating from Fitch Ratings.
Total credit facilities exceeding SAR 116.3 billion since the bank’s establishment.
Hosting the first Global Partners Forum of the Saudi Export-Import Bank, attended by more than 800 participants from 55 countries.
Signing 46 agreements and 27 memoranda of understanding with export credit agencies, financial institutions, and local and international companies.
Initiatives to Strengthen the Export Ecosystem
The bank launched several initiatives aimed at strengthening the export financing and insurance ecosystem, including:
The “Jusoor” initiative, designed to enable local manufacturers to access international supply-chain financing through advanced insurance solutions.
The development of the Certified Professional in Export Finance and Credit Insurance program.
The issuance of the Export Finance and Credit Insurance Guide, aimed at enhancing knowledge and professional capacity within the sector.
Executive Commentary
The CEO of the Saudi Export-Import Bank, Eng. Saad bin Abdulaziz Al-Khalb, stated that the bank’s 2025 results reflect its growing developmental role as a key enabler in diversifying the national economy and supporting sustainable development in line with Saudi Vision 2030.
He emphasized that the growth in credit facilities highlights the bank’s strategic role in empowering Saudi non-oil exports to expand globally, noting that efforts will continue to achieve strategic objectives with the support and empowerment of the Kingdom’s leadership.
Background
The Saudi Export-Import Bank, which operates under the National Development Fund, works to support the growth of Saudi non-oil exports by bridging financing gaps and reducing export risks, contributing to the expansion of the Kingdom’s non-oil economy in line with Vision 2030 objectives.