EXPANDING PAKISTAN’s INTERNATIONAL LINKAGES.
Export Import Bank of Pakistan (EXIM Bank of Pakistan) is a Development Finance Institution 100% owned by the Government of Pakistan. EXIM’s mandate is to catalyze the growth and diversification of the country’s exports and to support the implementation of import-substitution projects. EXIM Bank would provide a level playing field to local exporters to compete with other international exporters who already rely on their national Export Credit Agencies or EXIM Banks.
EXIM Bank of Pakistan meets its mandate requirements by providing Credit Insurance and Lending products, designed to enhance the overall credit risk appetite in Pakistan. This is done by creating security for local businesses, especially SMEs, and commercial banks in partnership with some of the highest rated international re-insurance companies in the world.
EXIM Bank also supports the implementation of manufacturing facilities and infrastructure projects in Pakistan that create import substitution, saving the drain of valuable foreign exchange from Pakistan.
The Bank will be operational in 3 phases. Phase-1 will focus on its insurance products; Phase-2 will introduce the lending products and Phase-3 will open the Bank’s Islamic Finance and Takaful Insurance windows. Timing of these phases are being worked out currently.
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Our customers are at the center of our focus. We continuously adapt to the changing needs of our customers in a constantly evolving global environment, to ensure Pakistani exporters remain competitive and are able to expand their reach.