EXIM Bank says 2022 credit facilities total SAR 13.6 bln

The Saudi Export-Import Bank (EXIM Bank) offered SAR 13.58 billion credit facilities in 2022, of which requests for export credit insurance and export financing reached SAR 9 billion and SAR 4.58 billion, respectively.

According to the bank's annual report, the total amount of requests approved in 2022 reached SAR 6.43 billion, with 28 credit facility agreements signed.

The bank contributed nearly 1.2% to the Kingdom's total financing of non-oil exports that reached more than 60 countries, including the US, the UK, China, Sweden, India, France, Pakistan, and many countries in Asia, Africa, Europe, and South America.

Source: Argaam