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Management Discussion and Analysis Ensuring Sustainability Commitment to Lead Upholding Accountability Financial Statements 23

STRATEGIC

DIRECTION

PURSUING STABLE GROWTH AND SUSTAINABILITY
In the face of evolving economic landscapes and persistent challenges, EXIM Bank navigated FY2023 with resilience, remaining
steadfast in its commitment to facilitate Malaysian businesses venturing into international markets. Despite encountering
obstacles in preceding years, EXIM Bank remained unwavering in its pursuit of its mandated role.
During the year, Malaysia’s growth was backed by strong fundamentals and a diversified economic structure, coupled with the
ongoing policy support to cushion the impact of the rising cost of living. However, there was a softening in world economic
growth and trade activities due to inflationary pressure, tightening of financial conditions, supply strains and geopolitical
fragmentation. Braving these global challenges, EXIM Bank remained aligned with its strategic direction, as outlined in the
Corporate Strategy Plan (CSP) 2023/2024, which was further refined in the preceding fiscal year. The central theme of CSP
2023 revolved around “Stable Growth and Sustainability,” emphasising the consolidation of growth and ensuring the long-term
viability of EXIM Bank, alongside enhancing shareholder value.
Three strategic thrusts made up the cornerstone of the Bank’s strategy formulation:

01 02 03

Capturing Growth & Operational Excellence: Sustainability:
Building Stability: Striving for operational Committing to sustainable practices and
Identifying and capitalising on efficiency and effectiveness initiatives that align with environmental,
growth opportunities, while to enhance service delivery social and governance principles, thereby
fortifying the Bank’s stability to and customer satisfaction. ensuring the long-term resilience and
withstand market fluctuations. relevance of the Bank.

By prioritising these strategic pillars, EXIM Bank fortified its position in FY2023, fostering sustainable growth and delivering
enduring value to all stakeholders. The key strategic thrusts were driven by 10 priorities that steered EXIM Bank to achieving
its target for CSP 2023 as follows:

Capturing Growth Operational Sustainability
& Building Stability Excellence

• Accelerate business growth • Improve end-to-end processes • Sustainability culture
• Accelerate Insurance/ • Capacity building
takaful business • Asset quality management
• Optimise Balance Sheet • Framework
management • Cost management
• Collaboration with other
banks & DFIs