Saudi EXIM Bank offeres over 50pc of its $450m loans


FE Team | Published: June 27, 2022 23:40:57


Saudi EXIM Bank offeres over 50pc of its $450m loans

RIYADH, June 27 (Arab News): The Saudi Export-Import Bank, also known as Saudi EXIM, approved loans worth SR1.7 billion ($450 million) in 2021, with 51 per cent of the total financing given to small and medium enterprises, according to the bank's CEO, Saad Alkhalb.
The bank also reported a total revenue of SR39.48 million in 2021.

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