Financings, insurance, and country export data

• Letter of credit insurance policy:
• Insurance policy between Saudi EXIM and local commercial banks/ financial institutions to protect them against the risk of nonpayment of an irrevocable Letter of Credit (LC) issued by the importer's bank.
• Up to 100% of the confirmed L/C.
• Short-term – 1 year – with automatic renewals at a year subject to annual review
• Export credit insurance policy:
• A credit insurance policy that covers the Saudi exporter against the risks of non-payment of the international buyer resulting from commercial or political risks.
• Revolving policy (single-buyer or multi-buyer)
• Cover up to 95% for multi-buyer policy, and 90% for single-buyer policy.
• Short-term (up to 1 year), long-term (up to 5 year)

• Letter of guarantee
• ​​​Issuance of Letters of Guarantees to exporters to support their international bids and international project execution (banking instruments available: bid bond, advanced payment bond, performance guarantee, warranty bond and retention bond
• Short, medium or long-term

• Supply chain finance:
• Short-term revolving facilities extended to large export-oriented Saudi companies to assist in managing payment of account payables to their complex supply chains and extending payment terms
• Discounting:
• Short-term revolving facilities providing liquidity to exporters against export receivables by reducing payment terms
• Buyer credit:
• Short to medium-term revolving facilities provided to international buyers of Saudi goods/ services against confirmed export orders.
• Pre-export finance:
• Short-term revolving facilities extended to companies against confirmed purchase orders to purchase required production inputs locally/ internationally (e.g. raw materials, packaging, etc.)
• Structured finance for international projects:
• Medium to long-term tailored loans financing exporters’ execution of international export-generating projects or projects with procurement from Saudi Arabia (e.g. EPC contracts)
• Working capital finance:
• Short-term finance export related working capital needs, including purchasing production inputs, paying overhead costs, etc.
• Line of credit (international):
• Short-term lines of credit extended to international Financial Institutions for import of Saudi Exports
• Line of credit (domestic):
• Short-term lines of credit extended to Saudi Financial Institutions for import of Saudi Exports

• To request a products or services, beneficiaries should register in the agency's portal and fill out an application form for the product or service

• 2024: The International Islamic Trade Finance Corporation and the Saudi EXIM Bank Sign an Implementation Agreement for a Line of Financing of USD 25 million in favor of Bank Al Habib Limited in Pakistan under the umbrella of “KSA SMEs Export Empowerment Program

• 2024: Saudi EXIM Bank and SABIC Sign Letter of Credit- Insurance Policy

• 2024: Saudi EXIM Bank Commits Over USD 2 Billion to Boost Mining Sector

• 2024: Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of the United States