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ANNUAL REPORT 2021 39
Vision PREFERRED FINANCIER &
ADVISOR FOR GLOBAL BUSINESS
Mandated Role To provide credit facilities to finance and support exports and imports of goods, services and overseas projects with
emphasis on non-traditional markets, in addition to providing export credit insurance services, export financing
insurance, overseas investments insurance and guarantee facilities.
Focus Areas Capturing Growth & Transforming People & Strengthening Sound Risk
Technology
Building Stability
Management
Foundation Commitment to Evolve Positive Work Culture Good Governance
Our
• Target loan growth of more than 5% • Strengthen organisation structure • Enhance compliance culture
• Focus on top export sub-sectors under and redefine scope of functions • Value-added role by key control
manufacturing sector target 25% in 2022, • Enhancement of talent acquisition functions for improvement on
existing processes & practices
strategy
ie. Chemicals, Medical Devices, Motor • Carry out Leadership Development • Revise Risk Based Pricing Method
Main Initiatives • Focus on promoting products for Trade • Modernise core systems to embed • Enhance asset quality management
Vehicle Parts, Electronics Components,
Vegetable & Animals Fats, Machinery,
Programmes
(RBPM) to support further
financial access to the industry
Rubber & Plastics
richer functionalities, automation
• Robust capital management
and architectural sophistication
Finance, Project Financing, Contract
Financing, ECR and Working Capital
and framework
• Utilisation of BNM funds for SME financing • Strengthen procurement process framework
• Effective efforts in asset management and
improvement in GIR of the Bank
STRATEGY 2022 Financing into inwards investment
will provide holistic benefits to
The strategic preparation of the FY2022 Corporate Plan is critical in view of the the country and enhance the
uncertainties that lie ahead and economic shocks arising from the abrupt COVID-19 competitiveness of the overall
global pandemic crisis, which impacted all financial institutions. The pandemic has value chain. This will result in
caused changes in consumers’ engagement and behavior, and the devastating effects current and future economic
are predicted to continue to impact the business landscape for an uncertain period benefits, particularly for:
of time.
EXIM Bank will use this opportunity to enhance its foundations and improve strategies 1
to aid new and existing clients. To be able to continue discharging the Bank’s mandate to
support cross-border businesses, the FY2022 Corporate Plan lays down the strategies to
accelerate business stabilisation with the unchanged focus to deliver value to the Bank’s Employment Opportunities
respective stakeholders and shareholders while remaining vigilant of fluctuations in the
economic landscape. 2
Notwithstanding EXIM Bank’s basic mandate, which is to support and encourage exports
and outward investment, one of the Bank’s moving forward plan is to embark into Technology Transfer
financing the country’s entire export ecosystem and inwards investment by emphasising on
the following areas: 3
1 2 3 Domestic Resources
Review the AoB and Emphasise the Bank’s Further clarity on
Business Rules outreach within the financing of strategic 4
business focus on the imports
GDP quadrant Capital Inflow