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Banque Saudi Fransi and the Saudi Export-Import Bank (“Saudi EXIM”) signs a credit Insurance policy agreement.

29/Dec/2021
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Banque Saudi Fransi and the Saudi Export-Import Bank (“Saudi EXIM”) have signed a credit Insurance policy agreement on the 13th of December 2021.

The agreement was signed by Mr.Rayan Fayez, Managing Director & CEO of BSF, and Eng. Saad Alkhalb, CEO of Saudi EXIM.

The document allows BSF to increase its capabilities to accept and further strengthen documentary credits in favor of Saudi exports, and to expand its dealings with foreign banks issuing documentary credits, where insurance coverage increases opportunities for Saudi products to enter new markets and expand into existing markets.
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