Wednesday April 1, 2020 01:46

BANK OF THAILAND Press Releases

Photo Release: EXIM Thailand Finances TK’s Suosdey Finance PLC’s Expansion in Response to Motorcycle Leasing Business Growth in Cambodia Events—25 Mar 20

Mr. Pisit Serewiwattana (second right), President of Export-Import Bank of Thailand (EXIM Thailand), recently welcomed Miss Prathama Phornprapha (second left), Managing Director of Thitikorn Plc. (TK), and Mr. Prapol Phornprapha (left), Deputy Managing

Fitch Revises Outlook on Thailand's EXIM and KTB to Stable; Affirms IDRs Stcoks—23 Mar 20

Bangkok--23 Mar--Fitch Ratings
Fitch Ratings has revised the Outlook on the Long-Term
Foreign-Currency Issuer Default Ratings (IDR) of Export-Import Bank of Thailand
(EXIM) and Krung Thai Bank Public Company Limited (KTB) to Stable from
Positive. At the same time, Fitch has affirmed the Thai banks' Long-Term
Foreign-Currency IDRs, Support Ratings and Support Rating Floors. The
Short-Term IDR of KTB was also affirmed.
The rating action follows Fitch's revision of the
Outlook on Thailand's Long-Term Foreign-Currency IDR to Stable from Positive on
17 March 2020; see "Fitch Revises Outlook on Thailand to Stable; Affirms
at 'BBB+'", dated 17 March 2020.
Other ratings for EXIM and KTB are not affected; a
full list of rating actions is at the end of this commentary.
KEY RATING DRIVERS
The Support Ratings and Support Rating
Floors of EXIM and KTB are driven by Fitch's expectation of support from the
Thai sovereign (BBB+/Stable). The banks' Long-Term IDRs are driven by their
Support Rating Floors.
EXIM's Long-Term Foreign-Currency IDR is
at the same level as that of the sovereign. This is underpinned by its
important policy role, close linkage to the Thai government and its legal
status as a state policy bank set up under specific legislation. EXIM is wholly
owned by the Ministry of Finance and was set up to support the country's
import-expor

All banks have teamed in preparing to help customers withstand the COVID-19 Stcoks—23 Mar 20

The Thai Bankers’ Association and all of its members wish to assure their customers that assistance measures and financial supports are being made available. They have discussed the COVID-19 situation with the Bank of Thailand in order to ensure

Photo Release: EXIM Thailand Celebrates 26 th Anniversary with Donation to Chakri Naruebodindra General—11 Mar 20

Mr. Pisit Serewiwattana (right), President of Export-Import Bank of Thailand (EXIM Thailand), recently handed over cash donation on behalf of EXIM Thailand and cash donation from EXIM Thailand’s executives, staff members and clients, totaling

Photo Release: EXIM Thailand Launches Investment and Production Efficiency Enhancement Credit Stcoks—05 Mar 20

Export-Import Bank of Thailand (EXIM Thailand) recently launched an Investment and Production Efficiency Enhancement Credit Scheme, offering a long-term credit facility with a special interest rate of 2% per annum in the first 2 years, credit line of up

Photo Release: EXIM Thailand Finances Mahathuen Leasing Public Companys Expansion in Response to Events—02 Mar 20

Miss Draswan Shoowong (third right), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), jointly with Mr. Manop Tririthvilai (third left), Chief Executive Officer of Mahathuen Leasing Public Company (Mahathuen) which is a Thai

Photo Release: EXIM Thailand and JETRO Bangkok Meet to Discuss Support for Thai-Japanese Trade and Stcoks—27 Feb 20

Mr. Pisit Serewiwattana (second right), President of Export-Import Bank of Thailand (EXIM Thailand), and EXIM Thailand’s top executives recently welcomed Mr. Atsushi Taketani (second left), President and Chief Representative for ASEAN of the Japan

Photo Release: EXIM Thailand Holds Trade Management Excellence Program for Start-up Thai Stcoks—26 Feb 20

Mr. Pisit Serewiwattana (front row, center), President of Export-Import Bank of Thailand (EXIM Thailand), recently presided over the "Trade Management Excellence for NEO Exporters Batch 2" seminar hosted by EXIM Excellence Academy (EXAC) to provide

Photo Release: EXIM Thailand Provides Loan to Shwe Bank to Boost Myanmars Import from Stcoks—25 Feb 20

Miss Draswan Shoowong (third right), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Dr. Hla Thaung (third left), General Manager of Shwe Bank, recently signed a loan agreement whereby EXIM Thailand will provide a credit

EXIM Thailand and Honorary Consul of the Republic of Mozambique Discuss Ways to Promote Thai and Events—24 Feb 20

Mr. Piriya Khempon (second right), Director of Export-Import Bank of Thailand (EXIM Thailand), and EXIM Thailand's management recently welcomed Mr. Wicharn Sirichai-Ekawat (third right), Honorary Consul of the Republic of Mozambique, and Mr. Torsak

EXIM Thailand Provides Loan to Myanmar Citizens Bank to Boost Myanmars Import from Stcoks—21 Feb 20

Miss Draswan Shoowong (third left), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Godfrey Swain (third right), Chief Executive Officer of Myanmar Citizens Bank (MCB), signed a loan agreement whereby EXIM Thailand

Photo Release: EXIM Thailand Provides Scholarships and Donation to Children through General—20 Feb 20

Dr. Nongnuch Laomaneerattanaporn (third left), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently led EXIM Thailand's executives and staff to participate in the CSR activity on the occasion of Foundation for

EXIM Thailand Appoints First Vice President of Debt Administration Events—19 Feb 20

EXIM Thailand appointed Miss Weerawan Nilagupta as First Vice President of Debt Administration Department, taking effect from Februry 17, 2020 onwards. Export-Import Bank of Thailand (EXIM Thailand) appointed Miss Weerawan Nilagupta as First Vice

Photo Release: EXIM Thailand Accelerates Expansion of Financial Facilities to Support Thai Events—17 Feb 20

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), revealed at a press conference on the occasion of EXIM Thailand's 26th Anniversary at EXIM Thailand's Head Office on February 17, 2020 that EXIM Thailand has

EXIM Thailand Invites Applications for the Position of President General—14 Feb 20

The President Nomination Committee of Export-Import Bank of Thailand (EXIM Thailand) has announced the nomination process to select a successful candidate for appointment as EXIM Thailand President from today until February 28, 2020. Mr. Piriya Khempon,

EXIM Thailand and NEXI Ink MOU to Protect Risks, Promote Thai-Japanese Trade, Investment and Events—11 Feb 20

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), jointly with Mr. Atsuo Kuroda, Chairman and CEO of Nippon Export and Investment Insurance (NEXI), and honorably witnessed by Mr. Nashida Kazuya, Japan's Ambassador to

Photo Release: EXIM Thailand Supports SPs Expansion of Domestic Factories and Restaurants in Events—03 Feb 20

Mr. Pisit Serewiwattana (fourth left), President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Kamtorn Sila-On (fourth right), President of Production and Finance, S&P Syndicate Plc., recently at SNP HEADQUARTER restaurant jointly signed

Photo Release: EXIM Thailand Joins Hands with TCG and 17 Other Financial Institutions to Support Events—30 Jan 20

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), and Dr. Rak Vorrakitpokatorn, President of Thai Credit Guarantee Corporation (TCG), together with executives of 17 other state-owned specialized financial institutions

CIMB THAI AUTO responds to BOT policy Announcing cancellation of debt collection Stcoks—30 Jan 20

Mr. Visit Phuengpornsawan, Managing Director of CIMB THAI AUTO, car loan service provider in the group of CIMB THAI Bank, responses to the policy of the Bank of Thailand by announced the cancellation of debt collection fees to help reduce the burden on

Photo Release: EXIM Thailand Congratulates Property Perfect Plc. on the Grand Opening of Ski Resort Events—29 Jan 20

Dr. Darmp Sukontasap (third right), Director of Export-Import Bank of Thailand (EXIM Thailand), recently congratulated Mr. Chainid Adhyanasakul (third left), Chief Executive Officer and Chief Executive Director of Property Perfect Plc., in the grand

Photo Release: EXIM Thailand Attends 11th Annual Meeting of ECAs CEOs of Regional Cooperation Events—17 Jan 20

Mr. Pisit Serewiwattana (right), President of Export-Import Bank of Thailand (EXIM Thailand), recently attended meeting with CEOs of export credit agencies (ECAs) of the Asia-Pacific in the 11th Regional Cooperation Group (RCG) CEO meeting held in Tokyo,

CIMB THAI Bank appoints Tan Keat Jin as a Head, Consumer Banking Events—08 Jan 20

CIMB Thai Bank stated that the bank has obtained approval from the Bank of Thailand for the appointment of Mr. Tan Keat Jin as Head, Consumer Banking of CIMB THAI Bank effective since 2 January 2020. Keat Jin, has over 22 years' experience in the areas

Photo Release: EXIM Thailand Meets with Thai National Shippers Council to Discuss Ways to Promote Events—13 Jan 20

Mr. Pisit Serewiwattana (fourth left), President of Export-Import Bank of Thailand (EXIM Thailand), and EXIM Thailand executives recently welcomed Mrs. Jintana Sirisantana (fourth right), Secretary-General of Thai National Shippers' Council (TNSC), at

Photo Release: EXIM Thailand Supports Gifts for National Childrens Day Event General—10 Jan 20

Dr. Nongnuch Laomaneerattanaporn (second right), Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently delivered gifts and prizes to Pol. Col. Krissadang Jittreephol (center), Superintendent of Bang Sue Metropolitan Police

Photo Release: EXIM Thailand Co-hosts Ceremony to Pay Homage to the Hair Relics of the Lord Buddha General—09 Jan 20

Mr. Thongchai Chawalitpichaet (fourth right) and Mr. Rapibhat Chandarasrivongs (fourth left), Directors of Export-Import Bank of Thailand (EXIM Thailand), recently together with EXIM Thailand executives participated in the chanting ceremony co-hosted by

EXIM Thailand Appoints Senior Vice President Human Resources Department General—02 Jan 20

EXIM Thailand appointed Miss Nutthawalee Klawthanong as Senior Vice President of Human Resources Department, taking effect from January 2, 2020 onwards. Export-Import Bank of Thailand (EXIM Thailand) appointed Miss Nutthawalee Klawthanong as Senior Vice

Photo Release: EXIM Thailand Discusses with Bank of China (Thai) To Promote Thai and Chinese General—26 Dec 19

Mr. Pisit Serewiwattana (center), President of Export-Import Bank of Thailand (EXIM Thailand), recently welcomed Dr. Li Feng (third left), Chief Executive Officer and Country Head, Bank of China (Thai), at EXIM Thailand's Head Office. The two parties