HBL and EXIM Bank enter into BMP arrangement to support export sector

KARACHI: HBL and the Export-Import Bank of Pakistan (EXIM Bank) have entered into a Bank Master Policy (BMP) arrangement to provide Pakistani exporters export credit insurance solutions.

Under the BMP framework, EXIM Bank will provide credit insurance coverage on the export receivables of eligible exporters. This will enable HBL to support exporters more effectively using the BMP.

The arrangement marks an important step in strengthening Pakistan’s export finance ecosystem and builds on the commitment of HBL and EXIM Bank to support the country’s exporters. Through this collaboration, the two institutions aim to improve access to finance, provide greater confidence to exporters seeking to enter new markets and engage with new buyers, provide new exporters with an option to access export cover and contribute to the sustainable expansion of Pakistan’s export sector.

Speaking on the occasion, Shahbaz Hussain Syed, President – EXIM Bank of Pakistan, said, “The signing of the Bank Master Policy with HBL marks an important milestone for Pak EXIM and a strong start to our BMP portfolio. It reflects the financial industry’s growing trust in Pak EXIM’s insurance solutions and our shared commitment to securing and enhancing Pakistan’s exports. HBL’s participation, alongside our recent reinsurance agreement, reinforces our strategy of building partnerships that power progress.”

Commenting on the collaboration, Muhammad Nassir Salim, President & CEO – HBL, said, “This arrangement is another important step in supporting Pakistan’s exporters. HBL brings its expertise in trade and export finance, while EXIM Bank’s credit insurance capabilities help us strengthen our risk-taking capacity and provide greater confidence to exporters. Together, we can create more opportunities for Pakistani businesses to expand into international markets and contribute to sustainable export growth and Pakistan’s economic development.”

The signing ceremony took place during the EXIM Bank and ICIEC Exporters’ Gathering held in Karachi, and was attended by senior representatives from HBL, EXIM Bank, ICIEC, and Pakistan’s exporting community.

Copyright Business Recorder, 2026