Financial Institutions

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.

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.