According to people familiar with the matter, the Saudi National Bank is considering issuing offshore RMB bonds and raising up to 2 billion yuan. People familiar with the matter said that the Saudi National Bank will guarantee the proposed three-year dim sum bond, which will be issued by its subsidiary SNB Funding Ltd. Other details, including the release date, are still being discussed, according to people familiar with the matter. Saudi National Bank did not respond to requests for comment.

According to people familiar with the matter, the Saudi National Bank is considering issuing offshore RMB bonds and raising up to 2 billion yuan. People familiar with the matter said that the Saudi National Bank will guarantee the proposed three-year dim sum bond, which will be issued by its subsidiary SNB Funding Ltd. Other details, including the release date, are still being discussed, according to people familiar with the matter. Saudi National Bank did not respond to requests for comment.