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Our emphasis will continue to be on Asian countries with special focus on
untapped markets, taking into consideration our own strength in sectors such
as infrastructure and construction. We will continue to ensure sustainable
investments based on our target optimum portfolio mix with any potential risks
weighed carefully.
In line with our mandate and positioning as the preferred choice for international
trade financing for export-oriented Malaysian companies, the Bank will continue to
make any strategic and operational improvements necessary, including reviewing
and improving every aspect of our business – comprising approach, people and
capacity – to improve our performance and profitability, value-adding to our
customers and enhancing our significance to the national economy in the process.
Measures to ensure the long-term sustainability of our business will continue to
be undertaken to enable us to continuously discharge our mandate effectively. In
this, we will continue to be guided by the established risk management framework
that ensures the sufficiency of capital, quality assets and optimal liquidity is
maintained at all times.
In FY2014, we expect to expand our international project financing profile
through international syndication as we anticipate more opportunities to be
presented based on our earlier success in similar projects undertaken in Indonesia
in FY2013. We are well placed to offer our capabilities in tandem with the other
players in the region for a range of sectors, such as oil and gas where we have
proven success, and we anticipate playing a more substantial role in funding
such ventures in FY2014.
We also take cognisance of the low public awareness of credit insurance facilities
despite its value as an important safety net for those involved in international
or domestic trade. Thus, in FY2014, we will make a concerted push to deepen
awareness of the importance of credit insurance among our relevant target
markets, a move which we anticipate will help to grow the Bank’s Credit Insurance
division’s share of our overall business.
Overall, we anticipate another year of accomplishments in 2014 despite
the vagaries of an uncertain and challenging economic environment. On
the back of our strong year-on-year growth, we remain on track and fully
prepared to support new and existing customers seeking to expand their brand
presence internationally.
OPERATIONSREVIEW
BYPRESIDENT/CHIEFEXECUTIVEOFFICER
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EXIM Bank Annual Report 2013