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52    ENHANCING      EXIM BANK MALAYSIA
                GOVERNANCE

          SPECIFIC DISCLOSURE ON
          DEVELOPMENTAL PERFORMANCE






          EXECUTING THE BANK’S DEVELOPMENTAL FUNCTION

          In 2020, when the COVID-19 outbreak presented a significant threat to global socioeconomic development, EXIM Bank crafted
          plans in anticipation of forecasted potential in certain markets in 2021, guided by the Bank’s Strategic Blueprint. These plans
          enable the Bank to capitalise on opportunities that were to arise in 2021, through business development efforts concentrated in
          East Asia, ASEAN, and Europe. Prospects in the Asia-Pacific region are still considered favourable as low operating risks and a
          concentration of projects and contracts have been taken into consideration. However, as pandemic challenges were still impacting the
          global markets in 2021, the Bank’s ability to carry out its function of development continued to be hampered.

          As part of the Bank’s efforts in adhering to its social mandate, as tasked by its sole shareholder, it is expected to play a significant
          role in contributing towards the Malaysian economy. This is done by aligning the value of its total assets to the pre-identified
          quadrants of GDP, Trade Balance, Total Exports and Total Imports. Moving forward, the Bank plans to assess other socioeconomic
          impact that its financing facilities have had on clients, such as employment creation and retention, as well as value-added activity.

          In addition to this, the Bank will also reorient its focus on providing financing facilities to those who would like to venture into
          non-traditional markets, under certain conditions, through the Bank’s risk appetite and profile. During the first quarter of 2021,
          efforts were concentrated in the sectors of ICT, manufacturing, wholesale trade, and food and beverage industries - all of which
          were anticipated to experience rapid recovery.

          EXIM Bank aims to aid the future growth of the national economy by:


            Facilitating  the  building  of  Malaysia’s  economy,   Enhancing Malaysia SMEs’ capacity in moving up the
            post COVID-19 (export and investment financing).      value chain.


            Providing access to financing for purchase of machinery
            or technology capability for local companies. This is to   Strategising future financing by participating in Environment,
            support industry forward and digitalisation drivers that   Social & Governance (“ESG”) development.
            could  facilitate  export  of  higher  value  added  goods  and
            services



            Increasing participation in trade financing and fortifying
            Malaysia’s position as a trading nation by taking a
            bigger  and  more  effective  role  as  an  export  and  import   Matching the Bank’s efforts to recover impaired assets
            financier.  In  particular,  leveraging  our  presence  in    in accordance with the phases of industry recovery.
            Regional Comprehensive Economic Partnership (“RCEP”)
            trade activities.
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