Riyadh – Mubasher: The Saudi Export-Import Bank (Saudi EXIM Bank) recorded an annual growth of 20.80% in its credit facilities during the first quarter (Q1) of 2026, reaching SAR 13.23 billion, compared to SAR 10.95 billion.
This increase reflects the bank's ongoing efforts to support Saudi non-oil exports and enhance their competitiveness in international markets, the Saudi Press Agency (SPA) reported.
The credit facilities were allocated across a variety of financing and export credit insurance products.
Export financing totaled SAR 4.33 billion at the end of March 2026, up 0.60% year-on-year (YoY) from SAR 4.31 billion. Meanwhile, exports covered by export credit insurance hiked by 33.90% to SAR 8.90 billion from SAR 6.65 billion.
Credit facilities provided by the Saudi Export-Import Bank since its establishment hit SAR 129.50 billion.
Saudi EXIM Bank's CEO, Saad Al Khalb, commented: “The bank's performance in Q1-26 reflects sustained growth momentum and an expanding impact on the growth of Saudi non-oil exports across international markets, while creating new opportunities for local exporters to access new markets through integrated credit solutions that promote sustainability and effectively manage risks.”
He added: “This bolsters the kingdom's non-oil economy in line with Saudi Vision 2030, while advancing a more diversified and sustainable economic structure.”
Saudi EXIM recently awarded a contract to Multi Business Group Company for the bank's new corporate headquarters.
