Thursday, 20 June 2024

Best Trade Finance Bank in the Kingdom of Saudi Arabia is Banque Saudi Fransi

5 min read

By The Asian Banker

This trade finance service provider focuses on creating win-win solutions for its customers and organisations to support business growth. The bank implemented a hybrid Letter of Credit that eases the payment challenge between cautious suppliers and high-risk buyers. 

By securing Export Credit Agency insurance, the bank ensures immediate payment to the supplier while granting the buyer a 180-day deferred payment term. Through this initiative, the bank grew its market share by more than 5% in the period under review. 

For these achievements, the Best Trade Finance Bank in the Kingdom of Saudi Arabia is Banque Saudi Fransi 



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