Page 98 - EXIM-Bank_Annual-Report-2023
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EXIM BANK MALAYSIA
96 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
DIRECTORS’ REPORT
The Directors have pleasure in presenting their report and the audited financial statements of the Group and of the Bank for the
financial year ended 31 December 2023.
PrINCIPAL ACTIvITIES
The Bank is principally engaged in the business of banking in export and import by granting credit, issuing guarantees and providing
other related services. The Bank is also engaged in the provision of export and domestic credit insurance facilities, takaful facilities
and trade related guarantees to Malaysian companies.
The principal activities of the subsidiaries are as disclosed in Note 14 to the financial statements.
There have been no other significant changes in the nature of the Group’s and the Bank’s principal activities during the financial year.
rESuLTS
Group Bank
rM’000 rM’000
Profit for the year 37,030 37,030
There were no material transfers to or from reserves during the financial year other than as disclosed in the financial statements.
In the opinion of the Directors, the results of the operations of the Group and of the Bank during the financial year were not
substantially affected by any item, transaction or event of a material and unusual nature.
DIvIDENDS
The Directors do not recommend any dividend payment for the current financial year.
DIrECTorS
The names of the Directors of the Bank in office since the beginning of the financial year to the date of this report are:
Dato’ Charon Wardini Mokhzani (Chairman) (Appointed on 4 January 2024)
Raymond Fam Chye Soon (Appointed on 15 February 2023)
Dr. Mastura Binti Abdul Karim (Appointed on 3 June 2023)
Hasli Hashim (Appointed on 1 December 2023)
Datuk Bahria binti Mohd Tamil
Dato’ Wong Lee Yun
Dato’ Dr. Amiruddin bin Muhamed (Resigned on 3 June 2023)
Datuk Dr. Syed Muhamad Syed Abdul Kadir (Tenure expired on 15 July 2023)
Dato’ Azman Mahmud (Tenure expired on 30 September 2023)
Pauline Teh Abdullah (Tenure expired on 15 November 2023)
