EXIM Bank

Bank
EXIM Bank
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Financials
Corporate and Retail Banking
Business Model Description

EXIM banks are government or semi-government agencies that ensure the safety and growth of a country’s foreign trade. Facilitating more accessible finances for foreign trade, trade rules, and conditions are some of the functionalities of an EXIM Bank.

EXIM Bank could facilitate the expansion of agricultural exports and streamline the procurement of critical production inputs. DFC is the only development bank in Belize and, with support from the private sector, can establish a trade finance subsidiary to support trade finance in Belize.

Expected Impact

Increased and alternative access to financing for entrepreneurs and small business owners

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
7,000 business establishments
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Decent Work and Economic Growth (SDG 8) Reduced Inequalities (SDG 10)
Sector Sources
  • 1) National Financial Inclusion Strategy Drafting Committee (2019) Belize National Financial Inclusion Strategy 2019-2022 https://www.centralbank.org.bz/docs/default-source/4.8-national-financial-inclusion-strategy-(nfis)/belize-nfis-_final.pdf?sfvrsn=f1c68c35_2 2) Statistical Institute of Belize https://sib.org.bz/ 3) Government of Belize. (2016). Belize Growth and Sustainable Development Strategy. Ministry of Economic Development. Retrieved https://observatorioplanificacion.cepal.org/sites/default/files/plan/files/BelizeGSDS.pdf
IOA Sources
  • "4) Belize: Selected Issues Paper; (2018). IMF Country Report 18/328 Retrieved from. https://www.imf.org " 5) Building Trust through Public Private Partnerships (2019). Retrieved from https://thedocs.worldbank.org/en/doc/518001573152889777-0130022019/original/SessionIXEmikoHidaka.pdf 6) EXIM Bank Jamaica Annual Report (2019-2020). Retrieved from https://www.eximbankja.com/wp-content/uploads/2019/annual-reports/Annual%20Report%20Final%202020.10.pdf 7) The Handbook of International Trade and Finance, Retrieved from http://dspace.vnbrims.org:13000/xmlui/bitstream/handle/123456789/4613/The%20Handbook%20of%20International%20Trade%20and%20Finance%20The%20Complete%20Guide%20for%20International%20Sales%2C%20Finance%2C%20Shipping%20and%20Administration.pdf?sequence=1&isAllowed=y 8) Trade Finance Explained: An SME Guide for Importers and Exports (2020). Retrieved from https://www.tradefinanceglobal.com/wp-content/uploads/2020/10/SME-Trade-Finance-Guide-for-Importers-and-Exporters_TFG.pdf 9) World Trade Organization: Trade finance and SMEs, Retrieved from https://www.wto.org/english/res_e/booksp_e/tradefinsme_e.pdf