Sign up | Log in



Home  >>   Daily News  >>   Malaysia News  >>   Finance  >>   Malaysia's Exim Bank pushes for alliances
NEWS UPDATES Asean Affairs         7  July 2011

Malaysia's Exim Bank pushes for alliances

Related Stories

June 1, 2011
Bank takeover battle in Malaysia

May 10,2011
Malaysia’s foreign reserves peak

April 22,2011
More bonds mean more Malaysian growth

April 19,2011
Malaysian bank expands to Singapore, Indonesia

April 6, 2011
Market to determine number of Malaysia bank

Exim Bank Malaysia is seeking to build strong alliances with other Asian Exim banks to drive forward initiatives for more cross-country businesses.

Managing director and chief executive director Adissadikin Ali said there were many deals that were too big for one exim (export-import) bank to handle.

There are deals that we know can be made together because there are multiple elements in them. (For instance, we can work out a deal to have) contractors from Malaysia and the supplies from South Korea or China and so on," he said yesterday when opening the Asian Exim Banks Forum in Kuala Lumpur.

Adissadikin said: "The forum is a platform for us to tap into this alliance of all the Asian exim banks to enable cross-country trade. I think we are yet to see any real co-financing being done in a big way."

He added that the new global regulatory standard on banks' capital adequacy and liquidity, Basel III set as the forum's theme, was "apt for the environment that we are in at the moment".

"Some exims are not regulated and will have indirect impact on us because exims are not forerunners in giving financial schemes to industries, but rather a complement to commercial banks," he said.

The annual forum being the second time hosted by Malaysia since 10 years ago saw the attendance of all 16 Asian countries.

On a separate note, Adissadikin said that there were several impending projects taking off under Exim Bank's capacity building programme with RM1bil loans to be given out by the end of this year.

"We are looking to diversify the sectors now. We will bring in hoteliers and others which we have not before," he said.

Construction and infrastructure-related companies get the bulk of finances of about 30%. He added that the bank would announce a few major deals that will ripen in the next few months.

One deal is with with Asian Development Bank to smoothen the route for local businesses to import from Asian countries.

The bank has approved RM 400 million (US$132.7 million) worth of deals so far for this year.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    7  July  2011 Subsribe Now !
 • Australia lifts ban on Indo cattle exports Subcribe: Asean Affairs Global Magazine
• New Indo airport X-ray rule causes chaos Asean Affairs Premium
• Malaysia's Exim Bank pushes for alliances
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Rally can't be held in stadiums
• Pheu Thai's oil policy sparks confusion
• Red shirts can be ministers
• Vietnamese aviation regs raise capital riles
• Skilled labor an issue in Vietnam p

Asean Analysis    7  July  2011

Advertise Your Brand
• New Thai government may ease border dispute Sponsor Our Events

Asean Stock Watch    July  2011 

• Asean Stock Watch-June 7 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand