Skip Ribbon Commands
Skip to main content

 Letter of Credit

In coordination with commercial banks, SIDF is now issuing letters of credit to directly finance the machinery and equipment aiming to:

  • Provide sufficient liquidity for project costs
  • Expedite project implementation process


Subject to a minimum of 25% implementation of Building & Civil Works and satisfying any applicable special conditions.


SIDF has signed so far with:

  • Riyad Bank
  • Banque Saudi Fransi
  • Bank AlJazira
  • SABB
  • Samba bank
  • Bank Albilad
  • Al Inma bank