Latest news with #Export-ImportBankofMalaysiaBhd
The Sun
13-06-2025
- Business
- The Sun
Exim Bank Malaysia to strengthen strategic engagements in Central Asia
KUALA LUMPUR: The Export-Import Bank of Malaysia Bhd (Exim Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners. In a statement today, it said the initiative includes exploring structured financing solutions for key partners in Uzbekistan, notably a proposed collaboration with Joint-Stock Commercial Bank HamkorBank to support Malaysian companies operating in Uzbekistan and Uzbek importers of Malaysian goods. Hence, the bank's participation in the third plenary session of the Foreign Investors Council in Tashkent has reinforced its commitment to expanding Malaysia's global trade presence. Exim Bank chief business officer Faizah Mustapa said its participation at the high‑level forum signals the bank's strategic intent to support Malaysia's exporters through innovative trade-financing, while exploring joint ventures with Uzbek financial institutions. 'We applaud Uzbekistan's reforms to streamline banking regulations and enhance credit facilities for import‑export activities,' she said. Exim Bank said its participation in the forum aligns with Malaysia's policy to expand investment beyond traditional markets and support the globalisation of Malaysian small and medium enterprises. It also complements Uzbekistan's Vision 2030, which seeks to attract foreign direct investments, increase regulatory transparency, and advance public-private partnership projects in agriculture, manufacturing, infrastructure, and tourism. 'With 36 Malaysian companies operating in Uzbekistan, ties between the two countries continue to grow. 'This was further strengthened by Prime Minister Datuk Seri Anwar Ibrahim's official visit to Uzbekistan in May 2024, followed by a return visit to Malaysia by President Shavkat Mirziyoyev in February 2025, reaffirming their commitment to elevate bilateral relations to a strategic partnership,' it said. The bank said aligning Malaysia's export priorities and Uzbekistan's development strategy offers opportunities across industries such as agriculture, electrical and electronics, tourism and the halal economy. Investment, Trade and Industry Ministry deputy secretary-general Datuk Bahria Mohd Tamil said Malaysia and Uzbekistan have steadily deepened their strategic cooperation across multiple areas – trade, finance, investment and infrastructure – through visionary leadership on both sides. 'Exim Bank is ready to extend comprehensive financing solutions that will further empower Malaysian exporters and strengthen inter‑regional linkages,' said Bahria, who is also the bank's board member. The June 11 forum was co-chaired by Mirziyoyev and European Bank for Reconstruction and Development president Odile Renaud-Basso. Global leaders had convened to explore reforms and opportunities under Uzbekistan's Vision 2030 economic roadmap. – Bernama
Barnama
13-06-2025
- Business
- Barnama
EXIM Bank Strengthens Central Asian Ties, Benefits Malaysian Businesses And Regional Partners
REGION - CENTRAL > NEWS KUALA LUMPUR, June 13 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) will focus on strengthening Central Asian ties through strategic engagements to benefit Malaysian businesses and regional partners. In a statement today, it said the initiative includes exploring structured financing solutions for key partners in Uzbekistan, notably a proposed collaboration with Joint-Stock Commercial Bank HamkorBank to support Malaysian companies operating in Uzbekistan and Uzbek importers of Malaysian goods. Hence, the bank's participation in the third plenary session of the Foreign Investors Council (FIC) in Tashkent has reinforced its commitment to expanding Malaysia's global trade presence. bootstrap slideshow EXIM Bank chief business officer Faizah Mustapa said its participation at the high‑level forum signals the bank's strategic intent to support Malaysia's exporters through innovative trade-financing, while exploring joint ventures with Uzbek financial institutions. "We applaud Uzbekistan's reforms to streamline banking regulations and enhance credit facilities for import‑export activities," she said. EXIM Bank said its participation in the forum aligns with Malaysia's National Investment Policy 2030 (NIMP 2030) to expand investment beyond traditional markets and support the globalisation of Malaysian small and medium enterprises. It also complements Uzbekistan's Vision 2030, which seeks to attract foreign direct investments, increase regulatory transparency, and advance public-private partnership projects in agriculture, manufacturing, infrastructure, and tourism. "With 36 Malaysian companies operating in Uzbekistan, ties between the two countries continue to grow. "This was further strengthened by Prime Minister Datuk Seri Anwar Ibrahim's official visit to Uzbekistan in May 2024, followed by a return visit to Malaysia by President Shavkat Mirziyoyev in February 2025, reaffirming their commitment to elevate bilateral relations to a strategic partnership," it said.
The Sun
03-06-2025
- Business
- The Sun
Takaful Malaysia appoints Charon Mokhzani as new group chairman
KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has appointed Datuk Charon Wardini Mokhzani as group chairman, effective June 1, 2025. Charon succeeds Datuk Mohammed Hussein, who retired on May 31 after serving as group chairman since 2020, the takaful group said. 'The appointment of Charon as group chairman marks a significant milestone for Takaful Malaysia, enabling the Islamic financial institution to continue charting a course for sustainable growth and leadership in the insurance and takaful industry,' it said in a statement today. Charon has held senior leadership roles across the corporate, investment, and government-linked sectors, including as chairman of Export-Import Bank of Malaysia Bhd (Exim Bank), founding chief executive officer (CEO) of Khazanah Research Institute, executive director of Khazanah Nasional Bhd, deputy CEO of CIMB Group, and CEO of CIMB Investment Bank Bhd. Takaful Malaysia director Mohd Azman Sulaiman said Charon's extensive experience across the financial services, public policy, and legal sectors brings a wealth of knowledge and insight that will be instrumental in guiding Takaful Malaysia's future direction. 'We are confident that his leadership will strengthen our commitment to excellence, innovation, and stakeholder value creation,' he said. In addition to his corporate achievements, Charon serves on the boards of Yayasan Tuanku Fauziah, Yayasan Tuanku Syed Putra Perlis, and the Kuala Lumpur Business Club, and was a member of the board of Universiti Putra Malaysia.
