Kingdom of Saudi Arabia／Signing MOU with Saudi Export and Import Bank
Nippon Export and Investment Insurance (NEXI)
Nippon Export and Investment Insurance (NEXI) has signed Memorandum of Understanding (MOU) on cooperation with Saudi Export and Import Bank (Saudi EXIM Bank).
The signing ceremony took place on December 19th between H.E. Saad Bin Abdulaziz AlKhalb, CEO of Saudi EXIM Bank and Atsuo Kuroda, Chairman and CEO of NEXI witnessed by H.E. Bandar Ibrahim Alkhorayef, Minister of Industry and Mineral Resources of Saudi Arabia.
Saudi EXIM Bank, which is 100% government-owned company, was founded in 2020 under the Saudi Vision 2030 to promote the development and export of Saudi Arabian companies in non-oil sector. This MOU’s main purpose is to stipulate the export of goods and services from their respective country by developing cooperation relationship. It is expected to promote trade and business between companies of both countries through exchanging of information and know-how.
NEXI will continue to support Japanese companies’ exports to, investments in, and loans for Saudi Arabia, by building close relationship and exchanging knowledge and information with Saudi EXIM Bank.
| Official name | Saudi Export – Import Bank (Saudi EXIM Bank） |
| Location | 7596 – Salim Ibn Abi Bakr Shaikan, West Um Al-Hamam Dist., Riyadh 12329 – 2462, Kingdom of Saudi Arabia |
| Business contents | Export financing, Guarantee, Export Credit Insurance, etc. |
Contact: International Relations Group, Planning and Policy Department
Tel: +81-(0)3-3512-7665