Saudi Export-Import Bank Adopt Corporate Strategy

Board of Directors of the Saudi Export-Import Bank decided to adopt its corporate strategy for the 5-year to come, and to begin implementing it as early as next Year 2022, with an optimistic vision and ambitious goals that the bank seeks to achieve.

The strategy was approved during the 4th meeting of the Board of Directors, headed by the Minister of Industry and Mineral Resources, Chairman of the Board of Directors of the Bank Bandar Al-Khorayef.

It also falls in line with the relevant national strategies, taking into account the strategic national interests and priorities.

Strategy team at the Bank held various meetings with experts and strategic leaders to take their relating views and directives.

During the stages of drawing up the strategy, the bank paid attention to the exporters’ segment, listened to their experiences, aspirations, and challenges in the fields of export financing.

The bank also has retrospectively overlooked, at the experiences, plans and aspirations of Saudi commercial banks, to enhance integration among them, towards increasing export financing volumes, along with other financing institutions.