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​The Bridges initiative is a strategic effort to enhance trade credit insurance and export financing solutions. It is built upon a series of reinsurance agreements with leading global export credit agencies (ECAs) and private insurers to ensure the secure and sustainable flow of essential raw materials and capital goods to the Kingdom's industrial sector. The initiative strengthens global supply chain resilience and facilitates access to advanced industrial and technological inputs from over 70 countries to local manufacturers, fully aligned with the objectives of the National Industrial Strategy.

Properties
Product Method

• The local exporter identifies their needs for equipment and raw materials, then submits an eligiblity form to Saudi EXIM Bank, after the Bank's approval, the local exporter shall selects a supplier, concludes commercial negotiations.
• The international supplier then approaches their local ECA or strategic partner to request trade credit insurance coverage for the Saudi importer.
• The ECA or insurer issues an insurance policy in favor of the foreign supplier, protecting against non-payment by the Saudi importer.
• Saudi EXIM Bank provides reinsurance coverage on these policies, facilitating secure and seamless trade.

Product Advantages

• Enhances the efficiency and reliability of supply chains for production inputs.
• Ensures the continuity and sustainability of industrial operations.
• Improves liquidity management for local manufacturers.

The Sectors Eligible to Benefit from The Product

All sectors excluding crude oil

Duration of Insurance Coverage

Up to 84 months

Financing Limit for Coverage

Up to 95%

Eligibility

​Local exporters and international companies operating in the Kingdom​​

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