Rak clarified that EXIM Thailand has armed Thai entrepreneurs with the capability to comprehensively adapt to changes in and deal with risks of international business operation coupled with risk hedging tools, e.g. EXIM Thailand will help them pay compensation and make debt collection aiming to relieve Thai entrepreneurs' concerns about the said risks. In view of operational performance, as of the end of August 2022, EXIM Thailand recorded total outstanding loans of 67,458 million baht for international projects, a 4,271 million baht or 6.8% growth year-on-year. In the first 8 months of 2022, total outstanding loans to the CLMV and new frontiers amounted to 53,815 million baht, a year-on-year growth of 7,804 million baht or 17%. EXIM Thailand is fully ready to work collaboratively with the public and private sectors in supporting Thai entrepreneurs in their business start-ups or expansion in global markets with confidence.

Source: The Nation Bangkok September 23, 2022 03:10 UTC