Mrs. Warangkana Wongkhaluang, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), led a team of EXIM Thailand executives in organizing a training program on "International Financing and Syndication" for personnel from the Bank of Lao PDR (BOL) and commercial banks in the Lao PDR. EXIM Thailand mission met with Dr. Bounleua Sinxayvoravong, Governor of the Bank of Lao PDR, and Mr. Phetsathaphone Keovongvichith, Director General of Foreign Exchange Management Department, BOL, in Vientiane, Lao PDR, from October 2-3, 2023.
During the mission held from October 2-5, 2023, EXIM Thailand's delegation met with top executives in Vientiane, Lao PDR, including Mrs. Saysamone Chanthachack, Managing Director of Banque Pour Le Commerce Exterieur Lao Public (BCEL), Mr. Fongsamout Douangchai, Managing Director of Lao Development Bank (LDB), and Mr. Kawin Viriyapanich, Director of the Office of Overseas Trade Promotion in Vientiane. The purpose of these meetings was to gather information and exchange insights with EXIM Thailand's stakeholders and discuss ways to enhance financial and banking cooperation to promote trade and investment between the two countries.
Further, EXIM Thailand visited and held discussions with their clients in Vientiane to learn about their operations and exchange information about the current business environment in the Lao PDR. This included Mr. Bovorn Eurchawtanarat, Deputy Managing Director of CKL Co., Ltd., a global footwear brand manufacturer under the CK Shoes (Thailand) Co., Ltd., Mr. Setthanawee Sujarit, Chief Financial Officer, Xe-Pian Xe-Namnoy Power Co., Ltd. (PNPC), and Mr. Chaiyut Ruchnaporn, General Manager of New Chip Xeng Co., Ltd., the exclusive distributor of Honda automobiles and motorcycles in the Lao PDR.
EXIM Thailand's Senior Executive Vice President emphasized that the current business and investment landscape is evolving rapidly, and the financial and banking sector is becoming increasingly complex. As a result, EXIM Thailand is committed to empowering stakeholders both domestically and internationally, including the Lao PDR, by developing human resources and financial instruments to support Thai entrepreneurs and their business counterparts in achieving sustainable development. This aligns with EXIM Thailand's goal to become a Green Development Bank, emphasizing sustainable development policies, good governance and corporate social responsibility principles. All of these efforts are aimed at enhancing sustainable economic, social, and environmental development worldwide.
Source: Export-Import Bank of Thailand