Saudi EXIM Bank Strengthens Global Trade At GTR Asia 2025 Conference In Singapore

The Saudi Export-Import Bank (Saudi EXIM) is dedicated to enhancing the global trade ecosystem, particularly in Asia, which is crucial for worldwide economic growth. This commitment was evident through its sponsorship of the GTR Asia 2025 conference in Singapore on September 2 and 3. The event covered topics like trade finance, banking, fintech, supply-chain strategies, lending, and the impact of digitalisation and AI on the future.

During the conference, Saudi EXIM Chief Executive Eng. Saad Alkhalb and his team engaged in bilateral discussions with leaders from export credit agencies (ECAs) and global financial institutions. These meetings aimed to explore future opportunities for strengthening trade relations and expanding the global reach of Saudi exports.

At a panel discussion titled "Better together: How are ECAs and DFIs collaborating?", Saudi EXIM Director of Strategy Yahya Alharthi highlighted the bank's significant role in facilitating global trade. He emphasised its position as a key partner in export financing and credit insurance, helping mitigate risks associated with export-import activities while addressing economic and geopolitical challenges.

Alharthi also discussed Saudi EXIM's strategy to broaden collaboration with both local and international financial institutions. This includes partnering with leading global trading houses to offer financial and non-financial services that enhance the competitiveness of Saudi non-oil exports across more than 150 countries.

The bank places a strong emphasis on supporting businesses of all sizes, with small and medium enterprises (SMEs) making up over 40% of its clientele. Additionally, Saudi EXIM integrates sustainability along with environment, social, and governance (ESG) principles into its corporate identity.

Saudi EXIM participated in an exhibition held alongside the conference to expand strategic partnerships. The aim was to explore trade opportunities through knowledge exchange and international cooperation.

The focus on developing financing, insurance, and supply-chain strategies underscores Saudi EXIM's commitment to bolstering global trade. By engaging with various stakeholders at events like GTR Asia 2025, the bank seeks to enhance its role in enabling robust trade relations worldwide.

With inputs from SPA