- Where is the bank's headquarters located? Does it have branches?
The bank's main headquarters is located in Riyadh, and we have a representative office in Jeddah.
- What is the difference between bank services and commercial bank services?
The Saudi Export-Import Bank is one of the development funds under the National Development Fund. It specializes in facilitating non-oil Saudi exports to access global markets by bridging financing gaps and reducing export risks. The role of the Bank is complementary to the commercial financial sector by providing some products that would encourage banks and commercial financial institutions to support and finance export deals, especially in international markets with relatively high risks.
- Does the bank support import for domestic sales?
No, the bank only funds the import of raw materials for manufacturing purposes to produce finished products for export only.
- Which countries does the bank provide its export services to?
The bank provides its services to clients who target exports to any country eligible for export as per the regulatory requirements.
- Which sectors are included in the bank's services?
The bank's services cover all sectors and products permitted for export, except for crude oil.
- Does the bank provide services to individuals?
The bank is solely focused on institutions and companies involved in exporting.
- Does the bank provide advisory services for financing and insurance products?
Yes, through the product advisory service, customers can communicate with a bank specialist to assist them in selecting the product that suits their needs.
