New Member: Saudi Exim Bank

Following transfer of membership previously held by SFD/SEP, Saudi Exim Bank has joined as the latest member of the Berne Union

Saudi Exim will initially participate in the Prague Club Committee of the Berne Union.

Commenting on the development, H.E. Eng. Saad Abdulaziz Alkhalb, the CEO of Saudi EXIM Bank, said:

“We are delighted to join the prestigious Berne Union within just over a year of the Bank’s establishment. The fact that we are among this group highlights our accelerated development, building of expertise and risk taking capacity to supporting Saudi exporters, enabling them to expand to new markets. We will continue to deliver on our commitment to the Vision 2030 objective to raise the Kingdom’s share of non-oil exports to 50 percent of total non-oil GDP by the end of the decade.”

Please see below for a press release from Saudi Exim Bank.