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.
1. The subject financial institution submits a request to apply for the Line of Credit against actual financed (or potential) exports’ transactions. 2. The financial institution is not obligated to burden more risk than their approved criteria. However, this product shall incentivize their exports financing inline with their policies and procedures.
• Enhancing and improving the partnership between the public and the private sector. • Enhancing the export financing ecosystem.
Local people wishing to export products or services of Saudi origin.
Up to 100% of the financed exports transactions.
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