Bangkok--8 May--EXIM Bank
Mr. Pisit Serewiwattana (center), President of Export-Import Bank of Thailand (EXIM Thailand), recently launched "EXIM CLMV SMEs Credit", a working capital facility for SME start-ups exporting to the CLMV (Cambodia, Lao PDR, Myanmar and Vietnam). A pre- and post-shipment revolving credit for SMEs, the facility offers a credit limit of up to 2 million baht per exporter at a special interest rate with no asset-based collateral. Special Privilege is also given to export credit insurance client who will be provided insurance coverage to hedge risk of foreign buyers' non-payment.