Financing products

 

​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.

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.

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.

​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.

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.

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.

​​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.