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Kingdom of Saudi Arabia Imports Financing Program in cooperation with the Saudi Export-Import Bank (EXIM BANK) Kingdom of Saudi Arabia Imports Financing Program in cooperation with the Saudi Export-Import Bank (EXIM BANK)

Kingdom of Saudi Arabia Imports Financing Program in cooperation with the Saudi Export-Import Bank (EXIM BANK)

A program dedicated to finance the bank’s clients who import goods and products of Saudi origin from the Kingdom of Saudi Arabia.

Program Definition

A program dedicated to finance the bank’s clients who import goods and products of Saudi origin from the Kingdom of Saudi Arabia.
Under this program, the value of goods and purchases is paid directly to the Saudi exporter by the Saudi Export-Import Bank, while Housing Bank’s role is limited to guarantee (issuing a payment guarantee) its importing clients in case of default

Program Beneficiaries

All clients who import goods and products of Saudi origin — excluding crude oil



Cost of borrowing

Financing DurationTerm SOFRProgram Margin
12 months or less12 Months+1%
More than 12 months and up to 24 months12 Months2%
Housing bank commissionDetermined based on the credit decision for each client and may reach up to 4%, according to the guarantee pricing bulletin.

Financing Ceiling

Financing up to 100% of value of the imported goods and products

Financing Currency

US Dollar (USD)

Eligible Purposes for Financing

Providing the necessary financing for importing goods and products of Saudi origin, provided that the financing is against documentary credits or invoices