Financial Services

 

​To keep up with the demand from international markets for local products, we offer this product to enable local exporters to acquire international raw materials and help accelerate the production process.

To accelerate the exporter’s collection of their export proceeds prior to their maturity date, this product has been developed to contribute to the acceleration of the collection and provide the cash liquidity necessary to cover the cash flow gap that exporters may experience between the export period and the collection date.

Improving payment conditions between exporters and suppliers is critical. The product offers export-dependent enterprises short-term revolving financing while handling complicated payments and extended payment terms for supply chain credit accounts.

​Liquidity could be an issue for some exporters who purchase production inputs from the local market during the pre-export phase to meet the demands of the foreign buyer. This product, therefore, provides financing that enables exporters to purchase production inputs required for export.

​​Some exporters face challenges in operational expenditures for export requests. As a result, this product provides liquidity that fulfills short-term export-related needs, thereby boosting export growth.

We provide this product in the form of medium- to long-term loans to support companies’ ability to carry out international projects that incorporate local goods or services, considering the involvement of Saudi companies in the implementation of significant international projects in various fields.

The bank conducts partnerships and agreements with international financial institutions (Banks, Non-bank financial institutions, Multilateral development banks, etc) offering solutions that enable international buyers to overcome financing challenges, which contributes to the growth of local exports.​

​The bank seeks to conduct partnerships and agreements with local financial institutions offering financing solutions that enable local exporters, therefore contributing to the growth of local exports in international markets.

Given that Saudi products and services compete with their foreign counterparts on the global market, we developed this product to give foreign importers short- and medium-term financing options when purchasing Saudi products and services. This product also makes it easier to collect debts without the need to conduct financial transactions.

This product provides Saudi exporters with protection against the risk of non-payment by international importers (buyers) due to commercial or political risks. It works by providing an insurance to the exporter, which then compensates the exporter if the importer fails to pay.

This product protects Saudi exporters against the risk of non-payment by foreign banks unconfirmed letters of credit, covering both commercial and political risks. The exporter obtains an insurance policy from EXIM bank, which then compensates the Saudi exporter if the foreign bank fails to honor the payment, then the Exim bank later recovers the amount from the defaulting foreign bank.

This product protects Saudi exporters from the risk of non-payment by international importers due to commercial or political risks. The exporter applies for an insurance policy contract from Saudi EXIM bank, which indemnifies the exporter if the importer defaults, and then the EXIM bank recovers the amount from the importer, sharing a portion with the exporter after deducting fees and costs.

This financial product provides protection to Saudi investors from the risk of sovereign or Sub-Sovereign entities by providing an investment insurance, the Saudi EXIM bank then assesses the risks of the project and the country and issues the insurance policy to the investor.

This product protects banks and financial institutions from the risk of non-payment on confirmed letters of credit. The confirming bank obtains an insurance policy from the Saudi EXIM bank after the foreign bank issues a letter of credit. If the foreign bank defaults, Saudi EXIM bank compensates the local bank and then recovers the amount from the foreign bank, sharing a portion with the local bank after deducting fees.

This product protects banks and financial institutions providing buyer credit financing from the risk of non-payment. The lending bank gets an insurance policy from the Saudi EXIM bank, which then compensates the bank if the importer defaults. Saudi EXIM bank recovers the amount from the defaulting importer and shares a portion with the lending bank or financial institutions, after deducting fees and costs.

This financial product protects banks and financial institutions from the risk of non-payment on project finance facilities. The lending bank or financial institution obtains an insurance policy from the Saudi EXIM bank, which then compensates the bank or financial institution if the obligor defaults on repayment. Saudi EXIM bank then recovers the amount from the obligor or contractor and shares a portion of the recovered funds with the lending bank or financial institution.

The lending bank or financial institutions obtains an insurance policy from Saudi EXIM bank, which then compensates the bank or financial institutions if the exporter is unable to repay the financing of the export working capital. Saudi EXIM bank subsequently recovers the amount from the exporter and shares a portion of the recovered funds with the lending bank or financial institutions, after deducting fees and costs.

The lending bank or financial institutions obtains an insurance policy from Saudi EXIM bank and provides financing to the exporter against their export receivables. If the importer defaults, the lending bank or financial institutions will first attempt to recover from the exporter if the financing is with recourse. If the exporter also defaults, the bank or financial institutions can file a claim directly with Saudi EXIM bank, which will compensate the bank or financial institutions for the loss.