EXIM Thailand Develops Financial Facilities to Support SMEs’ Export to CLMV Aiming to Drive Thailand’s International Trade, Investment and Export Growth

Announcement date 02 May 2019
EXIM Thailand Develops Financial Facilities to Support SMEs’ Export to CLMV Aiming to Drive Thailand’s International Trade, Investment and Export Growth
Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced EXIM Thailand’s launch of new financial facilities to support SMEs entrepreneur in expanding business into the CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) in the press conference held at EXIM Thailand’s head office on May 2, 2019. EXIM Thailand’s new financial facilities include “EXIM CLMV SMEs Credit,” which is a pre- and post-shipment revolving credit for SMEs exporting to the CLMV with a credit limit of up to 2 million baht per exporter and “SMEs Easy Export Insurance” to serve entrepreneurs with easy and simple application process. EXIM Thailand also announced its operational results in the first three months of 2019 in which the Bank’s total outstanding loans amounted to 106,342 million baht, up 18.57% year-on-year. Of this total, the outstanding SMEs loans amounted to 40,978 million baht, 12.42% year-on-year growth.
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