πΈπ¦ Saudi EXIM Bank reports major growth in export financing during Q1 2026
Saudi Export-Import Bank (Saudi EXIM) announced that it provided SR13.23 billion ($3.52 billion) in credit facilities during the first quarter of 2026, marking a 20.8% increase compared to the same period last year.
The strong performance reflects Saudi Arabiaβs continued push to expand non-oil exports and strengthen economic diversification under Vision 2030.
Key highlights:
β’ Total credit facilities reached SR13.23 billion ($3.52bn)
β’ Export financing disbursements totaled SR4.33 billion
β’ Export credit insurance coverage rose to SR8.90 billion
β’ Export insurance growth surged 33.9% year-on-year
β’ Saudi EXIMβs cumulative credit support since launch reached SR129.5 billion
Saudi EXIM CEO Saad Al-Khalb said the results demonstrate βcontinued growth momentumβ in supporting Saudi exporters and helping local companies expand into international markets.
The bank says it will continue offering integrated financing and risk-management solutions aimed at boosting the competitiveness of Saudi products globally and accelerating non-oil economic growth.
The development comes as Saudi Arabia increases investment in manufacturing, logistics, technology, and industrial exports to reduce dependence on oil revenues.
