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EXIM Bank Launched Export Credit Insurance Policy for Commercial Banks
Mr. Somporn Chitphentom, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Bank), and Mr. Songpol Chevapanyaroj, Executive Vice President, Corporate and SME Products Division, KASIKORNBANK, jointly signed the Export Credit Insurance (Bank Policy), that the first Export Credit Insurance Policy to cover commercial banks??? risks arising from export bill negotiations on payment terms up to 180 days with an aim to protect commercial banks??? exporter-customers against non-payment risks incurred by buyers in over 150 countries, at KASIKORNBANK, Phahon Yothin Building, August 10 2011.
