Bangkok--11 Aug--EXIM Thailand
Mr. Somporn Chitphentom (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Songpol Chevapanyaroj (second right), Executive Vice President, Corporate and SME Products Division, KASIKORNBANK, co-signed the Export Credit Insurance (Bank Policy) at KASIKORNBANK, Phahon Yothin Building on August 10, 2011. It is 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.