Bangkok--2 Oct--Bangkok Bank
Bangkok Bank Chairman Chatri Sophonpanich (left) was kindly honor to attend and witness an agreement signing ceremony between President Chartsiri Sophonpanich (right), Japan Financial Corporation Governor & CEO Shosuke Yasui (2nd from left) and Senior Managing Director Ryuhei Katsuno (2nd from right) to build up financial support system for Japanese SMEs which are aiming to expand their businesses to Thailand for production base and sales channel destination. Bangkok Bank and Japan Financial Corporation (JFC) will provide lower-interest rate loan by utilizing stand-by letter of credit on collaboration basis. JFC, as a merger of three governmental financial institutions under control of Ministry of Finance, provides SMEs with long-term business funds as well as supporting business innovation, overseas business expansion and business revitalization.