The Export-Import Bank of India (Exim Bank) was established in 1982 to enhance India's exports and integrate its foreign trade. It provides financial assistance to Indian exporters and importers. Exim Bank offers various financial services like overseas investment services, lines of credit, and buyer's credit. It also provides research, advisory, and export development services. In November 2013, the Chairman and Managing Director of Exim Bank retired after extending two lines of credit totaling $34.54 million to Niger for solar projects. Exim Bank also opened a representative office in Yangon, Myanmar in September 2013.