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EXIM Thailand Signed MOU on Export Credit Insurance for CIMB Thai???s Customs
Mr. Kanis Sukonthaman, President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Subhak Siwaraksa, President and Chief Executive Officer of CIMB Thai Public Company Limited (CIMB Thai), co-signed a memorandum of understanding on the joint export credit insurance facility, in which the EXIM Thailand will protect CIMB Thai export-customers against non-payment risks incurred by foreign buyers and boost Thai exporters??? market penetration and expansion in new markets worldwide. Besides, the insurance can be used as collateral for CIMB Thai???s loan, at Head Office, CIMB Thai, April 2 2013.
