Saudi EXIM provides over $2B finance for mining sector: CEO

13/01/2024 Argaam Special

Saudi EXIM provides over $2B finance for mining sector: CEO
Saad Alkhalb CEO of Saudi EXIM Bank

Saudi EXIM Bank provided over $2 billion (SAR 7.5 billion) finance to the mining sector as part of various credit solutions, CEO Saad Alkhalb told Argaam in an interview on the sidelines of the third edition of Future Minerals Forum (FMF) held in Riyadh.

 

At the end of 2023, Saudi EXIM signed an agreement with Trafigura to finance procurements from Saudi Arabia at a total value of $500 (nearly SAR 1.9 billion).

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