Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports
CEO of Saudi EXIM Bank, Eng. Saad bin Abdulaziz AlKhalb and CEO of Credit Oman, Khalil bin Ahmed Al Harthy signed a memorandum of understanding (MoU) to promote cooperation in supporting joint projects, facilitating exports, and exchanging expertise, thereby contributing to the empowerment of non-oil exports and strengthening economic and trade ties between the two countries.
This came on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12.
EXIM participated as a sponsor of the conference to enhance the bank's role in global trade and establish strategic partnerships to support the growth and competitiveness of Saudi non-oil exports in international markets, according to SPA.
Engineer Al-Khalb also participated in a panel session during the conference alongside a distinguished group of leaders, decision-makers, and export credit experts to discuss ways to foster international trade cooperation. He affirmed that Saudi EXIM Bank is a reliable partner in the global trade ecosystem, noting that the bank's establishment is part of the Kingdom's broader economic transformation.
He pointed out that the bank has provided credit facilities amounting to USD 22 billion since its inception and emphasized that the bank's A+ credit rating from Fitch Ratings will significantly impact its operations and those of its clients and partners both locally and globally. He added that the bank's strategy is focused on building strategic pathways for local exporters.
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