Saudi EXIM Bank signs MoU with Japan’s Mizuho to support trade, non-oil exports

SPA

Riyadh, January 15, 2026 (Saudi Arabia Breaking News) – Saudi Export-Import Bank (Saudi EXIM Bank) signed a memorandum of understanding with Japan’s Mizuho Bank to develop partnerships aimed at supporting exports and increasing Saudi-Japanese trade and investment flows, SPA reported.

The MoU was signed by Saudi EXIM Bank CEO Eng. Saad bin Abdulaziz AlKhalb and Mizuho Bank’s Regional Head for Middle East, Africa and Central Asia Caucasus Yuki Mizunoe on the sidelines of the Saudi-Japan Ministerial Investment Forum, SPA reported.

The agreement covers cooperation on joint financing, insurance, guarantees, reinsurance solutions, credit facilities and cross-border projects, and includes exchange of knowledge in export credit practices, the report said.

It also builds on cooperation between the two parties since 2023 and aims to expand geographic scope to support increased flows of Saudi non-oil exports to markets across Asia, Africa and Central Asia, SPA reported.

“This MoU represents an important step in expanding Saudi EXIM Bank’s international partnerships and reflects our commitment to providing innovative credit solutions that enhance the competitiveness of Saudi non-oil exports,” AlKhalb said.

Mizunoe said the cooperation opens new avenues for Saudi-Japanese corporate business, international trade and investment, enabling companies to implement high value-added projects in both markets.