EXIM Thailand Launches EXIM Star Credit Promoting Thai SMEs’ Exports of Agricultural, Food and Cosmetics Products

Announcement date 27 August 2020
EXIM Thailand Launches EXIM Star Credit Promoting Thai SMEs’ Exports of Agricultural, Food and Cosmetics Products
Export-Import Bank of Thailand (EXIM Thailand) recently launched EXIM Star Credit, a pre- and post-shipment revolving credit for SMEs exporters in 3 industrial sectors, namely, agricultural and biotechnological, food and food processing and cosmetics industries. A maximum credit line of 3 million baht per exporter at the interest rate of 4.75% per annum, or 4% per annum (prime rate -1.75% per annum) in case of export to the CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) is offered. Special! EXIM Thailand’s export credit insurance clients are eligible for an additional 0.25% interest rate reduction throughout the program period from now until July 31, 2021.