The Saudi Export-Import Bank (Saudi EXIM) has won the Best Export Financing Solutions Provider and the Best Export Credit Insurance Provider in Saudi Arabia, the Saudi Press Agency reported.
This international recognition was part of the 2024 International Finance Awards, held in Dubai, United Arab Emirates.
The two awards stand as a testament to the bank’s pivotal role in developing advanced financial solutions in the fields of export credit financing and insurance.
Such fields basically aim to enable increased flow of Saudi non-oil exports and boost their competitiveness in international, regional and global markets.
Interestingly, the Saudi EXIM Bank has made bold strides through diversifying the Kingdom’s economic base by fostering the efficiency of Saudi non-oil exports.
Moreover, the bank has bridged financing gaps and decreased export risks. Therefore, the bank caused a remarkable growth of the national non-oil economy in line with the Saudi Vision 2030.
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