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Saudi EXIM bank allocates $146m in 2022 for SMEs to encourage exports

admin by admin
April 24, 2022
in Finance
Saudi EXIM bank allocates $146m in 2022 for SMEs to encourage exports
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JEDDAH: The Saudi Export-Import Bank allocated around SR250 million ($66.6 million) for small and medium enterprises in the first quarter of 2022 and plans to earmark SR300 million by the end of the year, amounting to a total grant of SR550 million.

“About 42 percent of our client base currently are SMEs. From the bank’s inception to the…



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