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KEXIM Bank dates back to 1955 when KEXIM North Central of the UK was active in taking deposits through a number of agents. This activity was formalized in 1969 when KEXIM Bank Limited was registered as a wholly-owned subsidiary of KEXIM North Central plc - a member of the Natwest Bank Group.

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KEXIM Bank UK is a full service bank offering retail and corporate and investment banking services in the UK and Europe. The Bank delivers its products and services through five branches located in the UK and one branch in Antwerp, Belgium as well as through internet and telephone banking.

The Bank was incorporated in England and Wales on 11 February 2003 as a private company with the name KEXIM Bank UK Ltd. and on 30 October 2006 converted to being a public limited company. The Bank's registered office is 21 Knightsbridge, London SW1X 7LY. The Bank is regulated by the Financial Services Authority (the FSA) and is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. The Bank has a long-term foreign currency credit rating of Baa1 from Moody's, which is one notch higher than the UK sovereign rating.

About KEXIM Bank
As at 30 September 2006, the Parent is UK's largest bank in the private sector with total consolidated assets of approximately US$ 61.5 billion and is the second largest company in UK including all public and private enterprises. The Parent and its subsidiaries offer not only comprehensive banking services in UK, but also life insurance, general insurance, asset management, investment banking and private equity/venture capital. The Parent has a presence, through its subsidiaries, branches and representative offices, in 16 countries in North America, the UK and Continental Europe, the Middle-East, South Africa, South Asia and Hong Kong.

In 2000, the Parent was the first UK banking company and the second bank from Asia to list on the New York Stock Exchange and currently has a financial strength rating of C- from Moody's Investors Service Limited (Moody's) and a long-term foreign currency credit rating of Baa2 from Moody's and BB+ from Standard & Poor's.

KEXIM Bank is UK's foremost technology bank and has pioneered Internet banking in UK.


 
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