Creating resilience amidst pandemic challenges, Export-Import Bank of Malaysia Berhad (“EXIM Bank”) offers opportunities for stability and recovery as Malaysia shows signs of regaining its economic momentum. In 2021, EXIM Bank provided relentless support in financing despite the challenging pandemic conditions. The Bank has made inroads as a financier of cutting-edge ‘green’ tech project that is in line with its mandate to promote and facilitate cross-border trade and investments of Malaysian businesses. The successful management of the pandemic to-date, and steady re-opening of the economy is expected to lead to recovery in consumer demand and investors’ confidence. A vast adoption of high technology and digitalisation among Malaysian businesses is also contributing to faster recovery in economic activities in 2022.
This year’s annual report theme and design celebrates the year’s highlight of partnering Malaysia’s first rolling stock manufacturer’s venture into non-traditional market as well as the dynamic strides being made in supporting and engaging with Malaysian businesses. The rendition of digital lines akin to a QR code style shows a modern and digital-ready approach, and provides access to EXIM Bank’s website.
In the Name of Allah, the Most Beneficent, the Most Merciful.
It has been nearly six months since I was appointed as Chairman of EXIM Bank. During this period, I have had the opportunity to meet and interact with many people across the Bank and business community.
My previous role has been closely linked with the economic development of the country, and having gained a better understanding of the Bank with each new experience, I feel honoured to be a part of an organisation that remains true to its mandated role as a development bank, particularly in providing opportunities for Malaysian businesses to penetrate the global market, while also delivering value to the Bank’s stakeholders for the past 27 years.
Dear Valued Stakeholders,
In 2021, the Export-Import Bank of Malaysia (EXIM Bank, EXIM or the Bank) stayed committed in supporting the economy by fulfilling our mandate to assist SMEs with cash flow issues and facilitating their loans. We also maintained profitability by sustaining our income streams, leveraging risk through prudent decision making, and strengthening outreach and engagements.
The Malaysian banking system displayed resilience in 2021 despite the challenging operating environment against extended movement restrictions, moratoriums, and repayment assistance.
Delivering Meaningful & Positive Impact through Corporate Social Responsibility
As a Development Financial Institution (“DFI”) wholly owned by the Government of Malaysia, EXIM Bank takes its corporate citizen role in the community seriously. The Bank dedicates much effort in supporting causes that provide life-changing differences to the beneficiaries. Every CSR programme is strategically planned with proper resources and objectives to ensure sustainable and impactful outcomes. The way benefits and impacts are recorded continue to be improved to ensure that the work done on this front leads to sustainable outcomes.
EXIM Bank has embarked on various CSR programmes over the years by collectively engaging with its business ecosystem of employees, marketplace players and non-governmental agencies. Wherever possible, the Bank partners with established social game changers to ensure objectives of its social impact projects are well-identified, tracked and measured.
EXIM Bank is committed in investing time, expertise and resources to make a sustainable difference through meaningful projects, financial aid and material contributions.
In addition to the Bank’s ongoing environmental concerns, EXIM Bank is stepping up recycling initiatives among its employees. The Bank’s recycling journey started from electronic waste recycling and the last two years, a dynamic partnership has been established with Kloth Malaysia to first recycle fabric and now plastics and aluminium. These campaigns endeavour to keep recyclable waste out of landfills.
EXIM BANK-FINANCED SMH RAIL ‘GREEN’ LOCOMOTIVES ROLLS TO AFRICA