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 of mutual interest, they said in a joint statement on Monday (Jan 9).

They will also explore training and secondment opportunities in credit, risk underwriting, and documentation, on top of considering joint client outreach programmes to facilitate bilateral trade growth.

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