The Saudi Export-Import Bank (Saudi EXIM) has signed a credit line agreement with Türk Eximbank to facilitate the flow of Saudi non-oil exports to Türkiye and strengthen bilateral trade ties.
The agreement was formalized in Istanbul by Mohammed AlAbdulmohsen, Head of Financial Institutions at Saudi EXIM, and Taner Yavuz, Deputy General Manager for Strategy and Finance at Türk Eximbank.
This partnership supports Saudi EXIM’s strategic goal of developing innovative credit solutions that enhance the competitiveness of Saudi non-oil exports in global markets through collaboration with leading international financial institutions.
With a particular focus on the Turkish market, the agreement encourages Turkish importers to purchase Saudi products and services, opening new opportunities for Saudi exporters while deepening commercial cooperation between the two nations.
Operating under the Saudi National Development Fund (NDF), Saudi EXIM plays a central role in diversifying the Kingdom’s economic base by strengthening the export ecosystem for non-oil products and services. By addressing financing gaps and mitigating export risks, the bank supports the sustainable growth of the non-oil economy in line with Saudi Vision 2030.
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