The Saudi Export-Import Bank (Saudi EXIM Bank) recorded growth in its credit facilities during the first quarter of 2026, reaching SAR13.23 billion, up 20.8% from SAR10.95 billion in Q1 2025. This increase reflects the bank’s ongoing efforts to support Saudi non-oil exports and enhance their competitiveness in international markets.
The credit facilities were allocated across a variety of financing and export credit insurance products. Export financing totaled SAR4.33 billion in Q1 of 2026, marking an increase of 0.6% compared to SAR4.31 billion in Q1 2025. Additionally, exports covered by export credit insurance rose to SAR8.90 billion, up 33.9% from SAR6.65 billion during the same period last year. Credit facilities provided by the Saudi Export-Import Bank since its establishment reached SAR129.5 billion.
Saudi EXIM Bank CEO Eng. Saad Al-Khalb stated: “The bank’s performance in Q1 of 2026 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.
This bolsters the Kingdom’s non-oil economy in line with Saudi Vision 2030, while advancing a more diversified and sustainable economic structure.”
Source: Riyadh Daily