Dr. Benjarong Suwankiri, Senior Executive Vice President, Export-Import Bank of Thailand (EXIM Thailand), Mr. Passakorn Chairat, Director General of the Department of Industrial Promotion, Ministry of Industry, and top executives from other state-owned financial institutions, namely, Mr. Sittikorn Direksoonthorn, Director of the Board and President of Thai Credit Guarantee Corporation (TCG), Ms. Nartnaree Rattapat, Managing Director of Small and Medium Enterprise Development Bank of Thailand (SME D Bank), Mr. Phirom Phocharoen, Executive Vice President of SMEs Business Customers, Government Savings Bank and Mr. Kittipat Peantham, Head of Government and State Enterprise Relations Group, Krungthai Bank Public Company Limited, jointly signed Memorandums of Understanding to support Small and Medium-sized Enterprises (SMEs) without collateral in accessing funding under the scheme “Provide Finance and Guarantees to Eligible SMEs without Collateral” at the Sukosol Bangkok Hotel on February 6, 2024. The signing ceremony was chaired and honorably witnessed by Ms. Pimpattra Wichaikul, Minister of Industry.

To enhance liquidity and alleviate financial burdens for businesses across all sizes and industrial sectors, EXIM Thailand offers working capital at a reduced interest rate of 0.25% per annum for the first year for environmentally friendly businesses. Moreover, businesses involved in solar power investment or production efficiency enhancement can access loans at a minimum interest rate of 5.25% per annum (Prime Rate-1.50% per annum). Additionally, businesses participating in the robotics and automation industry development project to enhance competitiveness in Industry 4.0 are eligible for a reduced interest rate of 0.50% per annum for the first year.