Tasnee signs SAR 500 mln export credit insurance with Saudi EXIM Bank

24/03/2022 Argaam

Signing of the insurance policy  

National Industrialization Co. (Tasnee) inked an export credit insurance (ECI) policy worth SAR 500 million with the Saudi Export-Import Bank (Saudi EXIM Bank), the company announced in a tweet.

 

The step aims to boost Tasnee’s market share and its presence in the external markets, in line with Saudi Vision 2030. 

 

Saudi EXIM Bank provided SAR 10 billion worth of finance for 125 applications by the end of 2021, Argaam reported.

 

The bank provides credit solutions to Saudi importers and exporters in the markets, which import from Saudi Arabia, to raise enhance the competitiveness of local products globally.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read