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ANNUAL REPORT 2024

2 EMPOWERING GROWTH 19

Key Highlights of the Year 2024

2024 Revenue Profit before tax Disbursement Net Impaired Loans
RM298,958 RM113,495 RM2,556,908 10.76%

million million million (2023: 12.11%)
(2023: RM282,358) (2023: RM37,030 million) (2023: RM4,323,466)

We continue our journey of Ihsan Banking, aligning our The diversity in our financing signifies the Bank’s dedication
aspirations in offering Islamic First Financing and building our to expanding financial inclusivity towards qualified Malaysian
financing asset growth. For the year of 2024, we have firmed businesses that play a prominent role in developing the local
up our commitment to Islamic First Policy in building our supply chain and are eligible for the export market. We believe
financing asset as demonstrated by a 49% share of the Bank’s our readiness in facilitating local capability will strengthen the
portfolio. Bank’s role as the lead choice for export financing.
We maintained our unwavering support in nurturing capable Our disbursement of RM2,556.91 million in 2024 was lower by
SMEs and commercial businesses for the global market about 41% compared to 2023, but the year has seen a record
resulting in this customer segment representing 41% of our growth of SMEs and commercial customers in our portfolio.
financing pie. This achievement reflects our commitment to This customer segment secured a total financing disbursement
fulfilling our responsibility to key stakeholders in elevating the of RM619.88 million for 45 customers, which represents about
competitiveness of SMEs at the global level. 99.92% of financing growth. This demonstrates the Bank’s
commitment to supporting growth of the SME and commercial
In bridging the international market, a total of RM2.46 billion segment while enriching the Bank’s portfolio volume.
in financing was accepted by 51 SMEs and commercial
customers and 18 corporate clients, which have subsequently The Bank acknowledged the challenging external environment
been added to our list of development finance. Over the that could pose a threat to the stability of the Bank’s asset
12-month period, the Bank had disbursed total financing worth quality. However, I wish to highlight that over the financial year,
RM2.56 billion for new and existing customers covering key the Bank was able to observe the applicable threshold set in
sectors including manufacturing, construction, transportation managing asset quality. Thus, no breaches were recorded for
and storage, real estate, wholesale and retail trade. the year, and the Bank achieved a lower gross impact ratio of
40.77% compared to the previous year’s 43.01%.

EXIM BANK MALAYSIA