Saudi EXIM Bank signs deal with Omani banks to boost cooperation

The banks agreed to develop training programs in financial trade, risk analysis, loan management

  
Image used for illustrative purpose. Cropped Image Of Insurance Agent Discussing With Client At Desk.

Image used for illustrative purpose. Cropped Image Of Insurance Agent Discussing With Client At Desk.

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 RIYADH: Saudi EXIM Bank on Sunday signed memorandums of understanding with three major Omani banks to boost financing ties and exchange expertise.

The MoUs were signed with the National Bank of Oman, Muscat Bank and Sohar International Bank.The banks also discussed cooperation in extending credit financing and securing financing guarantees for Saudi exporters’ Omani clients.

The banks agreed to develop training programs in financial trade, risk analysis, loan management, Saad Al-Khallab, CEO of the Saudi bank said.

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