EXIM Overseas Guarantee Facility

Bank Negara Malaysia (“BNM”) has established a RM1 billion Overseas Project Fund at Export-Import Bank of Malaysia Berhad (“EXIM Bank“) aimed to help Malaysian companies, especially small and medium sized enterprises (“SMEs”), who are pursuing opportunities overseas.

The fund is channeled through Bank Islam Malaysia Berhad, known as EXIM Overseas Guarantee Facility (“EOGF”). The EOGF will be available to all Malaysian owned or controlled companies, which are negotiating, bidding or have secured contracts or projects overseas.

Under the EOGF agreement, EXIM Bank will provide guarantees up to 80% of the financing extended by Bank Islam to eligible customers; Bank Islam will finance up to 90 per cent of the contract value in Ringgit and major currencies such as the US Dollar, Pound Sterling, EURO and Japanese Yen with a tenure of up to 10 years. The maximum financing per application is RM100 million or equivalent.

SMEs who have viable projects or contracts overseas but lack the collateral will benefit from this collaboration. The facility is open to all economic sectors and targets construction contracts and the supply of capital and semi-capital goods, except privatisation and concession type of contracts.

Further details on the EOGF can be retrieved from www.exim.com.my
Please contact bbcarecentre@bankislam.com.my for financing inquiries.