Bangkok--21 Feb--EXIM Thailand
Mr. Kanit Sukonthaman, President of Export-Import Bank of Thailand (EXIM Thailand), announced the Bank’s operating results for 2011 at EXIM Thailand’s Head Office on February 17, 2012. In 2011, EXIM Thailand posted a net profit of 605 million baht, a 317.7% increase compared to 145 million baht in net profit in 2010. This resulted from rising interest income as well as a decline in operating costs and interest expenses due to improved management of funding costs. In 2012, EXIM Thailand places more emphasis on SME business promotion through loan extension, export credit insurance and training programs which aim to help incubate new SME exporters as well as bolstering existing SME exporters’ competitive edge in the global market.