Export-Import Bank of the Suren Confederacy
| Type | State-owned enterprise |
|---|---|
| Industry | Banking and finance |
| Founded | 1738 AN |
| Headquarters |
Surenshahr,  Suren |
| Key people | Dariush Surenzadeh (Chairman) |
| Products |
|
| Owner(s) | Government of the Suren Confederacy |
| Parent | Bank of Suren |
The Export-Import Bank of the Suren Confederacy (EIBS) is a state-owned export credit agency and trade finance institution established in II.1738 AN to promote Surenid international trade and economic development. Created in response to the Recession of 1737 and the growing need to diversify the Surenid economy beyond Alexandrium extraction, EIBS provides financing solutions to facilitate exports and imports, particularly focusing on supporting domestic manufacturers and Alexandrium-related industries in reaching international markets.
History
The bank was established by emergency decree of Surenšāh Dāryuš Vištāspa on 15.II.1738 AN as part of broader economic reforms aimed at addressing the severe economic downturn experienced during the Recession of 1737. The recession had exposed the Confederacy's vulnerabilities in international trade and over-reliance on raw Alexandrium exports.
The Majles-e Suren subsequently ratified the decree through the 1738 Export-Import Bank Act, which provided the bank with an initial capitalization of 500 million tomāns and defined its mandate to facilitate the export of Surenid goods and services, support the development of domestic manufacturing and Alexandrium-based industries, provide trade finance solutions to Surenid businesses, and promote alignment with Raspur Pact and Euran Economic Union markets.
Early Operations
In its first year, EIBS is focused on establishing key partnerships with international financial institutions, particularly the Bank of Suren and the Committee of Euran Salvation's financial arms. The bank's initial operations centered on providing export credit insurance and working capital guarantees to Surenid manufacturers seeking to export to Constancia and other Raspur Pact nations.
Structure and Governance
The bank operates as an independent entity under the oversight of the Bank of Suren, with a board of directors appointed by the Surenšāh. The inaugural chairman, Dariush Surenzadeh, was selected for his experience in both banking and international trade, having previously served in various capacities within the Bank of Suren.
Board of Directors
| Position | Office Holder | Background |
|---|---|---|
| Chairman | Dariush Surenzadeh | Former Deputy Governor, Bank of Suren |
| Vice Chairman | Hormuzd Bahram | Director, Suren Central Manufacturing Organisation |
| Director | Shapur Mehrshad | Secretary, Ministry of Commerce |
| Director | Roxana Aspadana | Chief Executive, Pahlavye Oil Company |
| Director | Kaveh Rustam | President, Zinjibar Alexandrium Company |
Operations
Core Services
The bank provides a comprehensive suite of financial products and services to support international trade. These encompass export credit insurance and working capital guarantees, alongside direct loans to foreign buyers. EIBS also offers sophisticated trade finance solutions, risk mitigation services, and expert advisory services to facilitate cross-border transactions and support Surenid businesses in their international ventures.
Strategic Focus
EIBS has developed a targeted approach to supporting key strategic industries within the Suren Confederacy. The bank prioritizes the export of Alexandrium-based technologies and manufacturing exports from the Suren Central Manufacturing Organisation. Additional focus areas include supporting oil and gas exports through the Pahlavye Oil Company, promoting defense industry exports, and facilitating infrastructure development projects that enhance the Confederacy's trade capabilities.
International Cooperation
The bank has cultivated strong international partnerships through cooperation agreements with major regional financial institutions. Key partnerships have been established with the Euran Economic Union Development Bank, the Imperial & Emirati Bank of Alalehzamin and Constancia, and the Board of Creditors for the Suren Confederacy. These relationships have been instrumental in developing trade finance networks across the region.
The bank has identified and actively supports development along three primary trade corridors: the Trans-Euran Railway corridor, the Gulf of Zinjibar maritime route, and the Pan-Euran Highway corridor. These strategic routes form the backbone of the Confederacy's international trade infrastructure and receive particular attention in terms of financing and development support.
Impact
During its first six months of operation (II-VII.1738 AN), EIBS demonstrated significant impact on the Surenid economy. The bank provided export financing totaling 200 million tomāns, supporting 45 distinct export contracts across 12 different countries. These activities contributed to the creation of an estimated 2,000 jobs in export-oriented industries. The bank has been particularly effective in supporting the export of Alexandrium-based technologies and products, working closely with the Zinjibar Alexandrium Company to develop international markets for Surenid innovations in this sector. This success has helped establish the Suren Confederacy as a growing force in the international Alexandrium technology market.
