EXIM Thailand has adopted state policy guidelines comprising policy guidelines from the Fiscal Policy Office (FPO), the State-owned Enterprise Plan under the financial institution category of the State Enterprise Policy Office (SEPO), the 20-year National Strategy (2018-2037), the master plans under the National Strategy (2018-2037), the 13th National Economic and Social Development Plan (2023-2027), and other strategic plans to map out its business direction and framework in line with its role as a key state mechanism to promote and support national development. The Bank has rendered financial and non-financial support to Thai exporters, importers, and investors, especially those underserved or unserved by other financial facilities.
The Bank operates its business under the Ministry of Finance’s supervision with adoption of policy guidelines from the shareholders, including the 5-year policy guidelines (2021-2025) from the FPO which focuses on the “operation of specialized financial institution as a quality economic and social mechanism driving forward economic activities for social and national benefits as well as enhancement of economic and social productivity on a sustainable basis,” and State Enterprise Development Plan (2023-2027) of SEPO sets key development directions for state enterprises in the financial institution sector in line with the 13th National Economic and Social Development Plan (NESDP). The milestones of the 13th NESDP that are specifically related to EXIM Thailand are Milestone 7: Thailand has healthy small and medium enterprises (SMEs) with high potential and competitive advantage, Milestone 5: Thailand is the gateway to trade, investment and strategic logistics of the region, and Milestone 10: Thailand embraces circular economy and low carbon society. The mission framework of the financial institution sector is “to be a financial institution committed to developing and creating inclusive opportunities for the general public to access financial sources, along with promoting financial literacy, strengthening of the grassroots economy, developing the country’s competitiveness, and reducing social inequality.”
EXIM Thailand, fully owned by the Ministry of Finance, is mandated to support Thai entrepreneurs financially through offering of credit and insurance facilities and non-financially via capacity building of entrepreneurs to ensure their sustainable export or investment overseas.
Remark: As of December 31, 2022, EXIM Thailand had shareholding in National Digital ID Co., Ltd. (NDID) in the amount of 10,836 shares, representing 0.31% of NDID’s registered capital according to the meeting resolution of the Government Financial Institutions Association.