The Export-Import Bank of India (EXIM India) is a specialized financial institution, wholly owned by the Government of India with presence in India and foreign cities around the world. The bank commenced its operations in March 1982, for the purpose of financing, facilitating and promoting India’s international trade. EXIM India offers a spectrum of financial services that cater to businesses across strata to explore new lands and extend their business boundaries. Over the years, EXIM India has also enabled Indian ventures to secure contracts around the world and supplement the development objectives of other nations.
The first loan from EXIM India to the Maldives was in 2011 for the construction of 485 housing units in Maldives. Since then, India Exim has supported the country in the areas of housing, transport, and infrastructure.
EXIM India in the Maldives
Year | Project | Currency | Amount |
2019 | USD 800 million Credit Line | USD | 800,000,000 |
2011 | Construction of 485Housing units in Maldives | USD | 40,000,000 |