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ANNUAL REPORT 2021 33

Despite the challenges due to the pandemic, the Bank managed The Bank is committed to reducing its carbon footprint through
to record a revenue of RM174.7 million and a profit before tax the financing of green, technology-based and renewable
of RM51.1 million for the financial year 2021. This achievement sectors that facilitate meeting the social needs in sustainable
indicated the Bank’s commitment in managing and preserving living and overcome the environmental challenges through
the fund that it was entrusted with, to deliver its mandate. stakeholder-prescribed governance practices in providing
The Bank continued to prospect for new businesses and closed financial access to capable Malaysian companies in pursuit of
export markets. In extending the commitment, the Bank will
its financial year 2021 by successfully issuing USD Bond be guided by the internal policy and effective risk management
offering of USD350 million five years Senior Unsecured Notes framework that integrate all material risks in respect to
from the Bank’s programme of USD3.0 billion Multicurrency climate change and policies issued by the governing body such
Medium Term Notes (“MMTN”). This signified optimism as BNM and other government agencies.
towards potential awaiting as the market recovered.
The Bank targets to finance sectors complying with ESG
FY2022 – NEW HOPE AND ASPIRATION guidelines such as renewable energy, recycling or sustainable
agriculture, which will support and to catalyse its developmental
Global GDP growth is expected to slow to 3.6% while 5.6% is role in ESG.
anticipated for Malaysia, following liberalisation of pandemic EXIM also strongly advocates deserving causes. In the year
safety measures and widespread achievement of high herd
immunity. 2022, the Bank will continue working towards achieving selected
UN SDGs namely:
Amidst this background, EXIM aspires to deliver high level
shareholder value creation in line with its mid- to long-term SDG 1 – No Poverty, whereby the Bank continues to
embark on programmes that benefit the underserved.
plan for FY2022 to FY2026. This aspiration will provide
EXIM Bank with the push to collaborate with relevant agencies SDG 12 – Responsible Consumption and Production,
to further develop Malaysia’s economy. Additionally, the Bank wherein the Bank supports sustainable consumption initiatives.
is also aligning its developmental role to key national blueprints
such as the 12th Malaysia Plan (“12MP”), National Investment SDG 15 – Life on Land, which prompts the Bank to focus on
Aspirations (“NIA”) and Malaysia National Trade Blueprint the protection and care of wildlife.
(“NTB”). This will augment the aspiration of the Bank in
its long-term projection as a key financier in sustaining SDG 17 – Partnership for the Goals, towards causes that
Malaysia as the preferred investment destination and strong are closest to our hearts.
trading nation.
ACKNOWLEDGEMENTS
Whilst the year 2022 will be the year for capturing growth,
priority will be placed on the loans book portfolio, Each passing year, the Bank is more aware of the importance
while preserving loans and financings through diligent of the support from its stakeholders towards achieving
credit management. The Bank is looking forward to creating long-term success. With the outbreak of the pandemic,
strategic alliances with other Development Financial the interdependence of organisations and their ecosystems
Institutions (“DFI”) and other Export Credit Agencies (“ECA”) in have become even more apparent, stressing the value of
enhancing its international footprint. multi-stakeholders’ engagements and cooperation.
In doing so, the Bank will continue to invest in transforming In recognising this, I would like to express my sincere
people and technology. Enhancement of end-to-end credit gratitude to all our stakeholders – the Ministry of Finance
value chain will be made through technical and capacity (“MOF”), the Ministry of International Trade and Industry
building of the staff. (“MITI”) and BNM, for their continuous guidance and
The Bank plans to expand its portfolio in various industries assistance. Heartfelt thanks goes out to my fellow Board
Members, Shariah Committee Members and EXIM Bank’s top
to accomplish diversity in its financing. In increasing its management for their commitment and dedication in ensuring
developmental role, the Bank shall intensify efforts in serving that the Bank continues to diligently discharge its mandate.
the underserved segment of SMEs and Commercials in
providing financial assistance to these groups of businesses. Finally, I would like to take this opportunity to express my
utmost appreciation to all EXIMers who unwaveringly uphold
ESG- THE NEW INITIATIVE OF THE BANK our core values and, in doing so, foster positivity to the lives
we encounter along the way.
The Prime Minster has announced Malaysia’s intention to
achieve net zero carbon emissions by 2050 in the 12MP. Thank you.
In supporting this target, the Bank has embarked in
implementing the Sustainable Development Goals that was
introduced by United Nations’ 2030 Agenda for Sustainable DATO’ AZMAN MAHMUD
Development. The Framework is designed to capture the Chairman
broader contributions of the Bank towards environmental, EXIM Bank Malaysia
social, and governance (“ESG”). With the enhanced
framework, the Bank is in a position to drive its performance
in line with the sustainable and green growth agenda.