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EXIM Thailand Launches Liquidity Enhancement and Foreign Exchange Risk Hedging Facilities for Medium Exporters to Drive Thai Export Growth
Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced the launch of new credit facilities, i.e. “EXIM for M Credit” as a pre- and post-shipment revolving facility with a maximum credit line of 50 million baht per customer and “EXIM Nego for M Credit” as a post-shipment revolving facility with a maximum credit line of 10 million baht, in conjunction with a foreign exchange (FX) forward contract facility of up to 3 times the credit facility . These facilities aim to boost medium-scale exporters’ potential to grow and become larger exporters, create new job opportunities, and increase Thailand’s export growth to meet the country’s export target, at EXIM Thailand’s Head Office August 23, 2018.
