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ANNUAL REPORT 2021 37
THE BUSINESS OF THE BANK The facilities offered by the Bank fall technology, engineering, architecture
into two principal categories: banking and design and other technical
The Bank is the only DFI in Malaysia and credit insurance/takaful. services.
dedicated to promoting the development
of cross-border ventures through the PERFORMANCE OF BANKING As at 31 December 2021, the Bank’s
provision of financing and insurance/ FACILITIES IN 2021 total loans outstanding relating to term
takaful facilities to Malaysian entities financing (including both conventional
conducting their business overseas. EXIM Bank has established a wide and Islamic banking facilities)
As an agency owned by MOF (Inc.) range of financing facilities to cater for amounted to RM0.80 billion.
and now under the purview of MITI, the financial needs of its borrowers.
the Bank’s mandated role is to Banking facilities offered by the Bank Trade finance
provide credit facilities to finance are as follows:
and support export and import of Various facilities in support of
capital goods, services, infrastructure Cross-border term financing cross-border trade are made available.
projects, shipping and value-added Malaysian manufacturers, exporters
manufacturing by facilitating the entry Malaysian contractors or investors and suppliers of Malaysian goods
of Malaysian companies into new can approach the Bank for facilities can also take advantage of the trade
markets abroad with an emphasis on such as overseas project, contract finance facilities offered by the Bank to
non-traditional markets, where there is and investment financing when boost their exports into international
limited participation from commercial these borrowers undertake overseas markets through working capital
banks. The Bank also provides export manufacturing, infrastructure and financing under the supplier credit or
credit takaful services, overseas other developmental projects. financing facilities. Such facilities offer
investments and guarantee facilities. Financing to Malaysian companies pre-shipment financing as working
Locally incorporated corporations and in bidding for overseas jobs and capital for the production of goods
SMEs, as well as foreign companies and contracts is also provided. The prior to shipment and post-shipment
selected foreign governments, make up financing is extended directly to a financing as working capital after
the clientele. In its export promotion foreign government or foreign buyer to the shipment of goods, pending the
efforts, the Bank collaborates with facilitate the import of Malaysian goods receipt of proceeds for the exported
the Government and its agencies, and services. goods.
including MITI, Malaysia External Trade Besides that, the Bank extends export Import financing facilities assist
Development Corporation (MATRADE), of services facilities to facilitate Malaysian companies with the import
Malaysian Investment Development Malaysian companies in exporting of strategic goods and services, which
Authority (MIDA), Small and Medium their professional services overseas, are unavailable in Malaysia, to promote
Enterprise Corporation Malaysia which are typically in the form of the socioeconomic development of
(SMECorp) and Construction Industry consultancy in areas like information Malaysia.
Development Board Malaysia (CIDB
Malaysia).