Riyadh: The Saudi Export-Import Bank (Saudi EXIM) underscored its commitment to strengthening the global trade ecosystem and highlighting the role of trade in Asia as a vital driver of global economic growth and stability, with a focus on developing financing, insurance, and supply-chain strategies. This came through Saudi EXIM's sponsorship of the GTR Asia 2025 conference, held in Singapore on September 2 and 3.

According to Saudi Press Agency, the event focused on trade finance, banking, finance technology (fintech), supply-chain strategies, lending, and the role of digitalization and artificial intelligence (AI) in shaping the future. On the sidelines of the conference, Saudi EXIM Chief Executive Eng. Saad Alkhalb and his delegation held bilateral meetings with leaders of export credit agencies (ECAs) and global financial institutions to discuss future opportunities for strengthening trade relations and enhancing the global reach of Saudi exports.

Speaking at a GTR Asia panel discussion entitled 'Better together: How are ECAs and DFIs collaborating?', Saudi EXIM Director of Strategy and official spokesperson Yahya Alharthi highlighted the bank's pivotal role in enabling global trade as a key partner in export financing and credit insurance, mitigating risks linked to export and import activities, and addressing economic and geopolitical challenges.

Alharthi underlined the strategy of Saudi EXIM to expand collaboration with local and international financial institutions and leading global trading houses, providing both financial and non-financial services to strengthen the competitiveness of Saudi non-oil exports in over 150 countries. He also noted the bank's focus on supporting companies of all sizes, with small and medium enterprises (SMEs) representing more than 40% of its client base, and the integration of sustainability and environment, social, and governance (ESG) principles into its corporate identity.

Saudi EXIM participated in an exhibition held alongside the conference, with the aim of expanding its strategic partnerships and exploring trade opportunities through knowledge exchange and international cooperation.