Photo Release: EXIM Thailand Launches CLM Trade Insurance to Provide Risk Coverage to Thai Exporters in Cambodia, Lao PDR and Myanmar

Stocks and Financial Services Press Releases Wednesday May 30, 2018 14:47
Bangkok--30 May--EXIM BANK

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced the launch of CLM Trade Insurance to help Thai SME exporters hedge risk of non-payment by buyers in CLM (Cambodia, Lao PDR and Myanmar) by offering insurance coverage for export worth up to 1 million baht per transaction under payment term of not exceeding 90 days at EXIM Thailand's Head Office on May 30, 2018. A distinctive feature of CLM Trade Insurance facility is Thai SME exporters can take the protection type of their choice at the expense pre-determined by them with insurance premium starting from 3,300 baht per insurance policy and maximum coverage of 90% of loss amount. Interested persons may apply online via www.exim.go.th.

For further information, please contact Corporate Communication Division, Secretary and Corporate Communication Department
Tel. 0 2271 3700, 0 2278 0047, 0 2617 2111 ext. 1141, 1144

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