Photo Release: EXIM Thailand Launches EXIM Special Zone Credit and Soft Loan for Machinery Modification

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced the launch of the EXIM Special Zone Credit, a long term credit facility with maximum loan tenor of 15 years combined with a revolving credit with a minimum interest rate of 4.00% and maximum credit line of 1.5 times the long-term credit amount. The facility aims to promote Thai entrepreneurs' investment in the Eastern Economic Corridor (EEC), special economic zones, border provinces, industrial estates. In addition, EXIM Thailand introduced Soft Loan for Machinery Modification Phase 2 in collaboration with Ministry of Industry, Small and Medium Enterprise Development Bank of Thailand (SME Development Bank), Office of Small and Medium Enterprise Promotion (OSMEP) and Government Saving Bank (GSB) to support SMEs' investment in business expansion or modification in 10 S-curve industries and other related industries. Maximum credit line per customer is 15 million baht and the interest rate chargeable is 4.00% p.a. for a maximum loan tenor of 7 years at EXIM Thailand's Head Office on April 4, 2018.