Saudi EXIM records $3.5bn in credit facilities during Q1 2026

19/05/2026 04:02 AST

The Saudi Export-Import Bank achieved significant growth in credit facilities provided during the first quarter of 2026, reaching a total of SR13.23 billion ($3.52 billion), a 20.8 percent year-on-year increase.

This performance comes within the framework of the bank's strategy to empower Saudi non-oil exports and enhance their competitiveness in global markets.

The credit facilities were distributed across a range of financing and insurance credit products. Total disbursements for export financing requests amounted to SR4.33 billion, reflecting a growth of 0.6 percent compared to SR4.31 billion in the first quarter of 2025.

Meanwhile, total exports covered through export credit insurance reached SR8.90 billion, marking a robust growth of 33.9 percent compared to SR6.65 billion during the same period in 2025. This brings the bank's cumulative total credit facilities since inception to SR129.5 billion.

Saudi EXIM's CEO, Saad bin Abdulaziz Al-Khalb, stated that the bank's performance in the first quarter of 2026 reaffirms the continued growth momentum and deepening impact in enabling Saudi non-oil exports to expand and reach various international markets.

He added that the bank remains committed to opening promising opportunities for domestic exporters to enter new markets through integrated credit solutions that achieve sustainability and manage risks efficiently, thereby strengthening the national non-oil economy in alignment with Saudi Vision 2030's goal of building a diversified and sustainable economy.


SPA

Most Viewed Companies

Ticker Price Volume

Recent News

Oman's public revenues rise 13% in Q1; spending up 9%

19/05/2026

Oman's public revenues increased by 13% in the first quarter of 2026 to RO2.985bn, compared with RO2.635bn during the same period last year, mainly driven by higher net oil revenues.

Accordi

Muscat Daily

OIA posts record RO2.9bn profit

19/05/2026

Oman Investment Authority has delivered its strongest financial performance since its establishment, recording historic profits of nearly RO2.9bn in 2025 and securing a place among the world's best-p

Muscat Daily

Qatar's CPI rises 2.62% Y-O-Y in April, led by food and clothing

19/05/2026

Qatar's Consumer Price Index reached 110.61 points in April, a monthly decline of 0.74 percent but an annual rise of of 2.62 percent, according to data released by the National Planning Council.

Arab News

Kuwait CPI sees monthly rise of 0.65%

19/05/2026

Kuwait's consumer price index rose 0.65 percent in April to 139.8 points, driven primarily by a sharp increase in transport costs, while annual inflation stood at 2.57 percent, according to official

Arab News

Emirates breaks ground on $5.1bn massive MRO complex

19/05/2026

Emirates has broken ground on its new $5.1 billion engineering complex at Dubai South slated to become the world's most modern and advanced maintenance, repairs and overhaul (MRO) facility, cementing

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap