EXIM Thailand inks MOU to support foreign investments

The bank will give special offers, such as special interest rates, to entrepreneurs.

The Export-Import Bank of Thailand (EXIM Thailand) has inked a memorandum of understanding (MOU) with Thailand’s Board of Investment (BOI) to promote and attract foreign direct investment (FDI).

Dr. Rak Vorrakitpokatorn, president of EXIM Thailand, and Narit Therdsteerasukdi, secretary general of Thailand BOI, jointly signed the MOU at EXIM Thailand’s head office on 9 July 2024.

Under the MOU, EXIM Thailand will offer financial facilities to entrepreneurs interested in investing in Thailand.

EXIM Thailand will also offer financial services to entrepreneurs in Thailand with the intention to invest overseas.

Amongst services the bank will offer include special interest rates, such as a 0.5% discount, for clients who avail of the EXIM Green Goal and the EXIM Solar D-Carbon Financing schemes.

The MOU will leverage both organizations’ networks in linkage with public and private agencies as well as industrial associations, and other related services for business expansion. 

Services that EXIM Thailand is expected to render include arrangement of activities like business matching; training and seminar sessions on domestic and international trade and investment know-how; exchange of knowledge base for development of entrepreneurs’ potential; and international trade and investment risk management tool support for Thai entrepreneurs.

Earlier this year, EXIM Thailand inked an MOU with SINOSURE to provide risk and investment support.