This landmark facility also marks SAIB’s debut in the Asian market, representing a strategic step in diversifying its funding base and enhancing its international presence. This is closely aligned with the ambitions of Saudi Arabia’s Vision 2030, which aims to transform the Kingdom into a globally competitive financial hub by fostering a dynamic, diversified, and internationally integrated financial sector. As Saudi banks increasingly pursue cross-border opportunities, this transaction stands as a testament to the growing global appetite for Saudi credit and the critical role of financial institutions in supporting the Kingdom’s ambitious economic transformation agenda.

The team advising SAIB was led by Yasser AlHussain, Partner and Head of Banking & Finance and Partner Ahmed Choudhry. They were supported by Associate Adilah Azil.