Page 20 - EXIM-Bank_Annual-Report-2023
P. 20

EXIM BANK MALAYSIA
           18                                      A Vision to Serve     Empowering Growth   Management Discussion and Analysis
               ANNUAL REPORT 2023
          ACTING PRESIDENT/CHIEF EXECUTIVE OFFICER REVIEW









          Contributing to a more sustainable future, we secured four (4)   EMPOWERING OUR LIVING ECOSYSTEMS
          green financing deals that advance national goals in the area of
          clean energy and responsible waste management.       Amidst our ongoing commitment to sustainability and
                                                               environmental stewardship, EXIM Bank embarked on a
                                                               transformative offsite retreat for members of the Board,
               Refer to page 6 for a breakdown on the Bank’s sector exposures   Shariah Committee and senior management to the Centre of
               and other performance statistics
                                                               Resilient  Ecosystems,  in  Ipoh,  Perak.  This  unique  experience,
                                                               centred around bamboo planting, is aimed at reinforcing our
                                                               dedication to eco-conscious practices and enhancing our
           As of 31 December 2023:
                                                               understanding  of  nature’s  resilience.  The  heart  of  the  retreat
                                                               was the bamboo planting activity where EXIMers planted
           Total outstanding loans   Total loans outstanding
           for term financing:       for trade finance:        bamboo saplings, as well as vetiver grass, witnessing firsthand
                                                               the tangible impact of these efforts on carbon sequestration.
           RM4.37                    RM0.44                    Guided tours through the surrounding ecosystems allowed
                                                               us to observe the delicate balance of nature and appreciate
           billion                   billion                   the  significance  of  biodiversity,  as  well  as  the  need  for
                                                               environmentally responsible actions.
                                                               Two   environmental   projects   also   distinguished   our
           Total guarantees exposure:  Cumulative exposure     2023  sustainability    programme  -  the  “re-Plant  Project”
           RM117.75                  under short-term trade    with  UPM,  which  contributes  to  reforestation  efforts  to
                                     credit insurance/takaful
                                     stands:                   make  a  tangible  and  lasting  impact  on  the  environment;
           million                                             and   tree planting carried out as part of the Government’s
                                     RM0.30                    “100  million  Tree  Planting  Campaign”.  These  involved
                                                               the  strategic  planting  of  a  number  of  specific  trees  across
                                     billion                   various areas, focusing on affected regions by deforestation,
                                                               urbanisation and ecosystem degradation towards addressing
                                                               climate change. Over 30 employees participated in this
                                                               collective effort to preserve our planet for future generations.
          EMPOWERING GLOBAL CONNECTIONS
                                                               The  Bank  is  also  mindful  of  our  responsibility  to  uplift
          Central to our 2023 success has been the cultivation of reciprocal   communities  in  need.  Together  with  our  annual  Ramadan
          bi-relationships with our peers that have enriched our business   sustainability programmes, in 2023 we have extended target
          ecosystem and amplified our impact. We continue to forge a   contributions to underserved communities and worked in
          bilateral relationships with peer banks to lay the groundwork in   partnership with other organisations, such as Mercy Mission
          facilitating nation to nation trade opportunities for customers   Malaysia to support vulnerable Malaysians. A total of
          who seek to penetrate specific markets.              RM188,930 was spent on our sustainable activities for the year.
          Expanding our network, we also worked with MATRADE under     Refer to Sustainability report on pages 32-49
          the  Malaysia  Global  Connect  (MGC)  scheme,  EXIM  Bank
          executed  other  capacity  building,  business  matching  and
          market access support ventures during the year by organising   EMPOWERING OUR EMPLOYEES
          joint events that brought together existing exporters and
          potential  export  targets.  These  included  an  ESG  Webinar,    At the heart of our success lies our most valuable asset – our
          an online business matching engagement between Malaysian   people. Through concerted efforts to reenergise our workforce
          coffee retailers and Indonesian coffee bean suppliers,    and foster a culture of collaboration and innovation, we have
          the  Malaysia  –  Djibouti  Business  Forum  in  collaboration  with   unleashed the full potential of our talented team. By rallying
          WAAFI Bank that saw exporters going to Africa, and a business   around  a  shared  mission  and  vision,  our  employees  have
          briefing  and  networking  session  with  Malaysia  South-South   demonstrated unparalleled dedication and resilience, driving
          Association (MASSA) for Malaysian exporters with ambassadors   our Bank towards new heights of excellence.
          from  Central  Asia  nations.  These  sessions  served  to  foster
                                                               As our greatest partner in value delivery, we also focused on
          economic  ties  with  new  markets  and  deeper  trade  relations
          that could potentially lead to future business opportunities and   revitalising our workforce towards higher performance delivery
          market expansion for the participating entities.     through a comprehensive training schedule in 2023. The sessions
                                                               focused  on  refining  a  proactive  mindset,  complemented  with
                                                               updating knowledge, understanding and skills, team building
               Refer to Specific Disclosure on Developmental Performance on   activities, and inculcating adoption of the Bank’s core values.
               page 26
   15   16   17   18   19   20   21   22   23   24   25