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EXIM Thailand Announces Operating Results for 2012

Mr. Kanit Sukonthaman, President of Export-Import Bank of Thailand (EXIM Thailand), announced the Bank???s operating results for 2012 at EXIM Thailand???s Head Office on January 17, 2013. In 2012, EXIM Thailand registered a net profit of 1.1 billion baht, a 81.82 percent growth over the year 2011???s net profit of 605 million baht. The rise in profit was attributed mainly to an increase in interest income following the expansion of medium- to long-term loans for investment projects conducive to national development and a reduction in operating and interest expenses resulting from better cost management. In 2013, EXIM Thailand will continue to earnestly serve as a development bank that helps narrow or close financing gaps left unfulfilled by commercial banks while emphasizing cooperation with the public and private sectors in providing various forms of support to SMEs for the advent of the ASEAN Economic Community (AEC) in 2015.

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