SAR 43.22 Billion in Credit Facilities to Support Saudi Exports

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Saudi Export-Import Bank records 27.12% growth in the first nine months of 2026, with small and medium-sized enterprises accounting for 36.7% of its clients.

 

Riyadh | BETH

November 8, 2026

The Saudi Export-Import Bank (Saudi EXIM) recorded a 27.12% increase in total credit facilities provided through the end of September 2026, reaching SAR 43.22 billion, compared with approximately SAR 34 billion during the same period last year.

The facilities comprised SAR 11.44 billion in disbursed export financing and SAR 31.78 billion in exports covered by export credit insurance. Small and medium-sized enterprises (SMEs) accounted for 36.7% of the bank’s clients.

The bank’s CEO, Eng. Saad bin Abdulaziz Al-Khalb, said the results reflect progress in implementing its strategy to support Saudi non-oil exports through financing and insurance solutions that mitigate international trade risks and help national businesses enter new markets.

He emphasized the bank’s continued efforts to develop credit products and strengthen partnerships with local and international financial institutions, enhancing the competitiveness of Saudi products and services while contributing to the objectives of Saudi Vision 2030.

Operating under the supervision of the National Development Fund, Saudi EXIM provides financing, guarantees, and export credit insurance services.

BETH Analysis | Financing Expansion and Reducing Risks

The results highlight the importance of combining financing and insurance to support Saudi exports. Financing provides the liquidity needed for expansion, while credit insurance reduces risks associated with dealing with buyers in international markets.

The fact that SMEs account for 36.7% of the bank’s clients also reflects the broadening base of businesses benefiting from its services.

The economic value of these facilities lies in helping Saudi companies overcome financing barriers and commercial risks, strengthening their ability to compete and expand globally.