EXIM Bank Launches 30th Anniversary Special

The National Export-Import Bank of Jamaica (EXIM Bank) has launched a ‘30-30-30’ programme in celebration of its 30^th anniversary this year.

The initiative offers a 30 percent reduction on commitment fees for the first 30 customers.

It is open to customers undertaking new business with the Bank, and will end on June 30, 2016.

EXIM Bank’s 30^th anniversary is being observed under the theme: ‘Supporting Jamaica, 30 Years and Beyond’.

Activities got underway on May 1 with a thanksgiving service at St. Andrew Parish Church in Kingston and include the publication of a newspaper supplement and a customer appreciation event on Friday, May 6.

Managing Director at the Bank, Lisa Bell, informed that the entity will be rolling out additional initiatives throughout the year including workshops designed to help small and medium-size enterprises (SMEs) become more competitive in the local and overseas markets.

The EXIM Bank is Jamaica’s premier trade financing institution and the Caribbean’s first Export-Import Bank.

It plays a fundamental role in national development by providing a wide range of financing instruments at competitive interest rates for the country’s productive sector.

The products include energy loans; a receivables financing loan facility; champions assist; bankers export credit facility; and a SME growth initiative.

The Bank was established in May 1986 and, over the years, has effectively carried out its mandate of helping business ventures become viable and competitive.

Specific focus is placed on entities involved in tourism, manufacturing, agro-processing, mining, the service industry, information and communications technology (ICT) and the creative industries.