Riyadh saw the Saudi Export-Import Bank provide credit facilities worth 27.67 billion riyals during the first half of 2026.
According to SPA, this figure represents a 17.2 percent increase compared to the 23.61 billion riyals provided during the same period last year. The facilities aim to support Saudi non-oil exports and increase their competitiveness in global markets.
Of the total amount, 8.20 billion riyals were allocated to export financing, while 19.47 billion riyals were dedicated to export credit insurance coverage. The export credit insurance sector recorded an annual growth of 32.09 percent.
CEO Saad bin Abdulaziz Al-Khalb stated that these results reflect the bank’s strategy to strengthen non-oil exports, diversify the national economy, and achieve the goals of Saudi Vision 2030.
How much did Saudi EXIM Bank provide in credit facilities in the first half of 2026? The Saudi Export-Import Bank provided credit facilities totaling 27.67 billion riyals during the first half of 2026. This amount is a 17.2 percent increase over the 23.61 billion riyals provided during the same period of the previous year to support non-oil exports and global competitiveness.
How was the credit facility amount distributed between financing and insurance? The total credit facilities were split into two main areas: 8.20 billion riyals were used for export financing, and 19.47 billion riyals were allocated for export credit insurance coverage. The export credit insurance portion specifically saw an annual growth rate of 32.09 percent.
What are the objectives behind these credit facilities according to the bank? According to CEO Saad bin Abdulaziz Al-Khalb, these results support the bank’s strategy to strengthen non-oil exports and diversify the national economy. These efforts are intended to increase the competitiveness of Saudi exports in global markets and achieve the goals of Saudi Vision 2030.