Category: Exim Bank

Global Export Import – Exim Bank Updates

Jan 14

Revision of Import / Export Demurrage and detention tariffs in Kenya and Transit

We have seen an increase in delay related costs for containers into Kenya and for containers that are in transit via Kenyan ports. To encourage all customers to return import containers as quickly as possible and to enable us to use these containers to support Kenya’s export needs, please note that from Wednesday, 15th February 2023 the below Import / Export Demurrage and Detention Tariffs will be applicable to all containers into Kenya and for containers in transit via Kenyan Read Full Details…

Jan 11

Exim Bank raises $1 billion via 10-year bonds

Export Import Bank of India (EXIM) Bank has broken the international bond drought from India by raising $1 billion from investors across the globe. The government of India-backed development finance institution garnered an order book of $3.6 billion to raise 10 year money at 190 basis points above the 10- year US treasury, people familiar with the issue said. One basis point is 0.01 percentage point. It has chosen to keep $1 billion of this amount, they said. The effective Read Full Details…

Jan 10

Exim Bank Malaysia inks MOU with Indonesian counterpart to strengthen cooperation in investment, financing opportunities

KUALA LUMPUR (Jan 9): Export-Import Bank of Malaysia Bhd (Exim Bank Malaysia) has inked a memorandum of understanding (MOU) with its Indonesian counterpart, Lembaga Pembiayaan Ekspor Indonesia (Indonesia Eximbank), to strengthen their business relationship, and to foster mutual understanding and close coordination through the exchange of information, experiences and business connections. Both parties recognise the growth potential and investment opportunities between Malaysia and Indonesia, and are keen to maintain an active dialogue and streamlined communication channel for referrals of projects Read Full Details…