The Saudi Export-Import Bank (Saudi EXIM Bank) has officially joined the International Association of Credit Portfolio Managers (IACPM), an esteemed global network uniting senior credit portfolio managers from leading financial institutions worldwide.
This strategic move underscores Saudi EXIM Bank’s commitment to strengthening its global presence and enhancing its expertise in credit portfolio management.
The IACPM is a leading global body in advancing credit portfolio management practices, with members in more than 30 countries. It focuses on strengthening risk management and financial system stability, while organizing conferences, conducting research, and engaging with regulators internationally.
Saudi EXIM Bank CEO Eng. Saad Alkhalb said that the membership allows the bank to join a network of more than 160 major financial institutions, including banks, investment firms, and insurance companies, supporting its efforts to expand Saudi non-oil exports and enhance their global competitiveness, in line with Saudi Vision 2030.
Alkhalb added that the membership will facilitate knowledge exchange and access to specialized research in credit risk management, as well as support the development of financial tools to mitigate export-related risks and strengthen the stability and sustainability of external trade.
Saudi EXIM Bank’s contribution to the growth of non-oil exports
Saudi EXIM Bank is dedicated to empowering non-oil exports by providing businesses with the tools they need to access global markets confidently. The bank offers a comprehensive range of integrated credit solutions, including tailored financing options, guarantees, and export credit insurance.
According to the statement, these services are designed to support Saudi exporters in navigating international trade, reducing risks, and enhancing their competitiveness on the global stage. Through its efforts, Saudi EXIM Bank plays a key role in diversifying the Kingdom’s economy and boosting the growth of non-oil sectors.
