e-IDB
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Our correspondent banks are fast, efficient and secure, they facilitate cross border transactions such as fund transfers, settlement, deposits, and document collation on our behalf with minimal risk. Our considerable international network of correspondent banks ensures no corner of the earth is beyond our reach.
Overseeing this locally and internationally is our Financial Institutions Group (FIG). Their oversight includes foreign and local commercial banks, as well as Non-Banking Financial Institutions and involves managing Nostro-Vostro account relationships alongside administering institutional and cross-border banking arrangements.
Expert correspondents around the World
No worldwide banking corner is beyond reach
Key part as a business catalyst
Our Financial Institutions Group plays a pivotal role as a business facilitator through global relationship management with over 100 correspondent banks serving more than 35 countries worldwide, in addition to supporting other financial departments such as our trade and treasury operations, to enable the facilitation of customer payments and trade transactions in major currencies.
Moreover, multilateral agencies such as the International Finance Corporation (IFC) and Saudi Exim Bank have offered support to the bank through their Global Trade Finance Programs. Our dedicated team remains committed to assisting you and providing comprehensive international banking solutions through trusted global relationships.
Moreover, multilateral agencies such as the International Finance Corporation (IFC) and Saudi Exim Bank have offered support to the bank through their Global Trade Finance Programs. Our dedicated team remains committed to assisting you and providing comprehensive international banking solutions through trusted global relationships.