The National Export-Import Bank of Jamaica (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. It aims to assist in the growth of this sector and to contribute to the development of the wider national economy.
The Bank was established in May 1986 and has, over the years, made sure to honour its mandate of helping business ventures become viable and competitive in international markets. Specific focus is placed on SME entities involved in non-traditional exports, such as Tourism, Manufacturing, Agro-processing, Mining, the Service Industry, Information Communication and Technology and the Creative Industries.
EXIM Bank offers an impressive suite of financing products to these entities. It is particularly known for its trade financing facilities and specifically its international lines of credit, which enable Jamaican companies to do business with any country in the world. Its products and services aim to fulfill both the short and medium-term needs of its customers and the facilities are available in both Jamaican and US-Dollar denominated currencies.
The Bank also recognizes that linkage service companies that are connected to exporting and manufacturing entities play a vital role in the growth of these sectors, so they are also included in the Bank’s group of qualified borrowers. These include farmers who provide fresh produce to agro processors; professionals such as Haulage Contractors, Mechanical and Electrical Engineers who support the bauxite industry; Tourism linkage companies such as operators of attractions, in-bond merchants and persons providing ground transportation services, as well as companies in the service industry.
EXIM Bank will assist you in “Realising Your Productive Promise” and you can “Expect to Succeed” !