Bangkok--30 Sep--Bangkok Bank
Bangkok Bank President Mr. Chartsiri Sophonpanich (middle) Senior Executive Vice President Mr. Chansak Fuangfu (2nd from right) and Executive Vice President Mr. Khanit See (right) with PTT Polymer Marketing (PTTPM) Director Mr. Pramin Phantawesak (2nd from left) and Senior Manager Mr. Narongchai Pisutpanya (left) have signed and agreement for International Supply Chain Financing. The innovative agreement will assist PTTPM to reach its business goal of Baht 100 billion in earnings by 2015 as it will provide financial support and improve the business process for customers and dealers based overseas. The benefits for customers and dealers include improved access to liquidity and cash flow, reduced product delivery time and a lower cost of fees. No Letter of Credit is required.