Photo Release: EXIM Thailand Offers “CLM Trade Insurance” to Thai SMEs in Cambodia, Lao PDR and Myanmar Markets

Mr. Pisit Serewiwattana (second left), President of Export-Import Bank of Thailand (EXIM Thailand), launched "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. Under the CLM Trade Insurance facility, 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.