Business · Companies · 9 hrs ago
Saudi export bank extends 43.22 billion riyals in credit facilities
Saudi Arabia’s Export-Import Bank provided 43.22 billion riyals in credit facilities in the first nine months of 2026.
That was 27.12% more than a year earlier, when facilities totalled about 34 billion riyals.
The support included 11.44 billion riyals disbursed for export financing and 31.78 billion riyals of exports covered by credit insurance.
Small and medium-sized businesses made up 36.7% of the bank’s customers.
The bank aims to help Saudi companies grow non-oil exports and compete in international markets.
Its financing, guarantees and insurance are intended to fill funding gaps and reduce the risks of trading internationally.
The bank says it will continue developing credit solutions and working with local and international partners to help Saudi products and services reach more markets.
Saudi Export-Import Bank provided 43.22 billion riyals in credit facilities during the first nine months of 2026.
The total was up 27.12% from the same period in 2025, when facilities reached about 34 billion riyals.
The bank disbursed 11.44 billion riyals for export financing applications and covered exports worth 31.78 billion riyals through export credit insurance.
Small and medium-sized enterprises accounted for 36.7% of the bank’s customers.
The bank said the facilities support Saudi non-oil exports and help exporters address financing gaps and international trade risks.
- Who
- Saudi Export-Import Bank provided the credit facilities.
- What
- It extended 43.22 billion riyals in credit facilities.
- When
- During the first nine months of 2026.
- Where
- Saudi Arabia; the facilities supported Saudi exports in global markets.
- Why
- To support non-oil exports, improve their competitiveness and help exporters address financing gaps and trade risks.
This story does not have two clearly opposing sides.
Credit facilities amounted to about 34 billion riyals during the first nine months of the year.
The bank provided 43.22 billion riyals in credit facilities.
Al Eqtisadiah published its report on the bank’s credit facilities.
- Credit facilities
- 43.22 billion riyals
- Year-on-year increase
- 27.12%
- Export financing disbursed
- 11.44 billion riyals
- Exports covered by insurance
- 31.78 billion riyals
- SME share of customers
- 36.7%
What people are saying
The growth in credit facilities provided through the end of the third quarter of 2026 reflects the bank’s continued progress in implementing its strategy to empower Saudi non-oil exports and strengthen their competitiveness globally.