Mr. Charat Rattanaboonniti, President of Export-Import Bank of Thailand (EXIM Thailand), announced EXIM Thailand’s operating results in the first quarter of 2026, stating that global economic conditions remain highly uncertain amid prolonged wars and conflicts in the Middle East. These circumstances have led to volatile energy prices, rising production costs, and higher transportation expenses, adversely affecting and increasing payment risks for both the export and tourism sectors, which are key drivers of the Thai economy. In response, EXIM Thailand recognizes the urgent need to support Thai entrepreneurs, particularly SMEs, in weathering these economic challenges. The Bank has introduced debt relief measures by extending repayment periods for up to 365 days for its customers and reducing interest rates by up to 20%. In addition, EXIM Thailand has provided liquidity support through revolving credit facilities at a special interest rate of no more than 3.99% per annum for exporters affected by the situation in the Middle East region.
Furthermore, EXIM Thailand has proactively collaborated with public and private sector organizations as well as related agencies to enhance entrepreneurs’ capabilities and explore new markets. The Bank aims to transform itself into an “Academy” for exporters to cultivate resilient economic warriors equipped with risk management tools and new market expansion strategies, enabling them to compete effectively and cope with global economic volatility. At the same time, EXIM Thailand has accelerated the expansion of its export credit insurance services to protect exporters against non-payment risks from overseas buyers, empowering Thai entrepreneurs to expand their businesses and trade globally with confidence.
In terms of financial support and liquidity enhancement, despite continued contraction in overall lending within the financial system, EXIM Thailand has continued to provide financial assistance and liquidity support to Thai entrepreneurs to ensure business and trade continuity. The Bank has developed products tailored to entrepreneurs’ needs, such as EXIM Global Plus Credit Facility to support SMEs in expanding into international markets, EXIM Expand Shield Credit Facility which combines working capital financing with risk protection, and EXIM Expand Sure export credit insurance service to mitigate non-payment risks. As a result, EXIM Thailand recorded new loan approval of 10,961 million baht as of the end of the first quarter of 2026, while outstanding loans and contingents stood at 186,836 million baht. Of this amount, loans and contingents for sustainable investment and transition (ESG) accounted for 93,415 million baht, representing nearly 50% of total outstanding loans. This reflects the Bank’s role in supporting exporters, particularly vulnerable groups and businesses seeking to enhance their competitiveness on the global stage.
In terms of risk management, EXIM Thailand has strengthened the stability and resilience of Thai entrepreneurs by reducing the risks of non-payment or delayed payments resulting from conflicts or logistics disruptions in trading partner countries. This has been achieved through expanding the Bank’s export credit insurance role alongside the appropriate use of other risk management tools. As of the end of March 2026, EXIM Thailand recorded 50,093 million baht in export credit and investment insurance turnover.
In terms of exporter incubation, EXIM Thailand has played a leading role in enhancing the capabilities and knowledge of Thai entrepreneurs to strengthen their competitiveness in global markets. The Bank has organized a wide range of training programs in both online and onsite formats, including the development of the second batch of the EXIM 2X program, designed to intensively equip exporters with strategies for international trade through guidance from real export experts. The Bank also aims to strengthen its role as a source of expertise on target markets (Country Experts) and as an advisor on international trade and investment by providing knowledge on export, risk management, and new market analysis, along with in-depth information and business matching opportunities to help entrepreneurs make effective business decisions and expand sustainably into overseas markets. As of the end of the first quarter of 2026, a cumulative total of 25,565 entrepreneurs had received capacity-building support from the Bank.
In terms of management, EXIM Thailand has implemented prudent and proactive debt quality management to maintain portfolio stability while enabling entrepreneurs to continue their businesses. The Bank focuses on monitoring and assessing risks on an individual borrower basis, restructuring debt in line with business potential, and providing preventive advisory services. EXIM Thailand’s non-performing loan (NPL) ratio stood at 3.90%, reflecting appropriate asset quality management. An allowance for expected credit loss was set aside at 16,787 million baht, resulting in an NPL coverage ratio of 249.50%, demonstrating prudent provisioning to ensure adequate reserves against risks and economic uncertainty.
For the remainder of 2026, EXIM Thailand will continue expanding its role as Export Co-pilot to support Thai entrepreneurs through both financial and non-financial services by continuously developing products, services, and financial innovations. The Bank will also undertake proactive projects and activities in collaboration with partner organizations and other financial institutions, such as developing exporters and penetrating halal product markets in partnership with Islamic Bank of Thailand and SME Development Bank of Thailand. In addition, EXIM Thailand will improve operational processes and adopt digital technologies, such as Formula Lending systems, to expand its customer base. Amid ongoing economic and geopolitical pressures throughout the year, EXIM Thailand remains committed to maintaining asset and liability quality management to ensure its strength as a specialized state-owned financial institution that can continue supporting Thai exporters across the value chain to achieve stable and sustainable growth in global trade.