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Agreements Signed to Finance Exports

 

     In the fiscal year of 2007, the SFD signed 13 export financing agreements totaled approximately SR. 1032 million, for the benefit of importers from Sudan, Yemen, United Arab Emirates, Egypt, Tunisia, Jordan, Iran and Pakistan. The products exported were iron, trucks, plastic pipes, children supplies and computer devices. Agreements to open financing lines to a number of banks were also signed. . This brings the total amount of the agreements signed since the SEP’s launch to more than SR. 3.43 billion


SEP’ Financing Activities, from Inception until the end of 2007

 


 

 ( SR. Million )

 

Approved Signed

Up to the end of 2006

Direct Financing
Financing lines
2406.42
1251.05
1322.70
1074.80
Total up to the end of 2006 3657.47 2397.50

For the year 2007

Direct Financing

Financing lines

349.50
82.50
998.22
33.75
Total of the year 2007 432.00 1031.97
Grand Total 4089.47 3429.47

 



Geographical Distribution of Financing Activities
 

 ( SR. Million )

Region Number Amount (%)
Africa 51 1181 29
Asia 51 2871 70
North America 1 38 1
Total 103 4090 100

 


Sectoral Distribution of Financing Activities