Mr. Dipak Kujur has been with Exim Bank since 2004 and is currently an Assistant General Manager & Resident Representative for the East Africa Regional Office of Exim Bank and is based in Addis Ababa, Ethiopia. Mr. Dipak Kujur holds a degree in Masters of Business Administration.
In his career with Exim Bank Mr. Dipak Kujur has been associated with the Head Office of Exim Bank in Mumbai for more than a decade before taking over the operations as the Head of Exim Bank’s East Africa Regional Office. Over the years he has gained experience in core lending operations of Exim Bank with stints in Overseas Representative Office and Head Office covering the entire range of Bank’s products including Corporate Banking / Trade Finance / Project Finance / SME Financing / Debt Recovery and Lines of Credit.
Export-Import Bank of India (Exim Bank) was set up in 1982 by an Act of Parliament for financing, facilitating and promoting India’s foreign trade. It is the principal financial institution in the country for coordinating the working of institutions engaged in financing exports and imports. Exim Bank is fully owned by the Government of India. The Bank provides financial as well as value-added services to Indian exporters. Assistance is given to export-oriented units (EOUs) by way of term loans in Indian rupees or foreign currencies for setting up new production facilities, expansion/modernization or upgradation of existing facilities and for acquisition of production equipment or technology. The Bank lays special emphasis on extension of Lines of Credit to overseas entities, national governments, regional financial institutions and commercial banks. The Bank extends Buyers’ credit and Suppliers’ credit to finance and promote India’s exports and also has a programme called the Buyer’s Credit under National Export Insurance Account (NEIA) to facilitate medium and long term exports from India.
To promote hi-tech exports from India, the Bank has a lending programme to finance research and development activities of EOUs. The Bank has a Marketing Advisory Services programme, to assist Indian companies in identification of prospective business partners, facilitating placement of final orders and also identification of opportunities for setting up plants or projects or for acquisition of companies overseas. The service is provided on a success fee basis.
The Bank supports the internationalization endeavours of Small and Medium Enterprises (SMEs) and has also put in place a Technology and Innovation Enhancement and Infrastructure Development Fund to meet foreign currency capital requirements of Indian exporters, especially SMEs.
Exim Bank supplements its financing programmes with a wide range of value-added information, advisory and support services, which enable exporters to evaluate international risks, tap export opportunities and improve competitiveness, thereby helping them in their globalisation efforts.