Improving the Role of Eximbanks/ECAs in the OIC Member States
64
Malaysia EXIM Bank of Malaysia
(MEXIM)
100% government
ownership
Public Limited
Liability Company
Pakistan Pakistan Export Finance
Guarantee Agency Ltd
Private ownership Private Limited
Company
Turkey Export Credit Bank of Turkey
(Turk EXIM bank)
100% government
ownership
Joint-Stock Company
Uzbekistan National Export-Import
Insurance Company
(UZBEKINVEST)
100% government
ownership
State-owned
Company
Source: Author
The level of government ownership is related to the corporate form, as categorized in Table 4
below.
Table 4: Categorization of ECAs
Summary
Corporate Form Total # of Entities
State-owned Corporation or agency (100%) 12
Mixed State/Private Company – majority government ownership 3
Mixed State/Private Company – minority government ownership 6
Private Ltd Company 1
Other 4
Source: Author
The definition of a corporate form in an OIC member country is likely to vary from one
jurisdiction to another. For the purposes of this report, all entities have been grouped into the
following categories, based on ownership.
4.3.1. State-Owned Corporations
This category includes entities that are fully owned by the government and have a public mission
and function and undertake business activities to fulfil their mandates. The majority of ECAs
within the OIC fall into this category. This includes ECAs from: Nigeria, Oman, UAE, Bangladesh,
Indonesia (both Eximbank and ASEI), Iran (both EDBI and EGFI), Kazakhstan, Malaysia, Turkey
and Uzbekistan.