Background and Objectives
Export-Import Bank of Thailand (EXIM Thailand) is a state-owned specialized financial institution under the Ministry of Finance’s supervision. It was established by the Export-Import Bank of Thailand Act, 1993 (B.E. 2536), which took effect on September 7, 1993. The Bank’s objective is to conduct business which promotes and supports Thai export, import, and investment for the purpose of national development by providing credit facilities, guarantees, insurance against risks, or other services conducive to the achievement of its goals.
In addition to capital increases from the Ministry of Finance to accommodate its business operations in different periods, EXIM Thailand is self-sufficient financially through fundraising for use in the provision of credit facilities to Thai exporters and investors, such as borrowing from financial institutions both at home and abroad and issuance of short- and long-term financial instruments for sale to financial institutions and the general public. To sum up, the Bank can do any business under its missions pursuant to the EXIM Thailand Act and customary
to commercial banks, except for accepting deposit from the general public.
In 2018, the EXIM Thailand Act (No. 3), 2018 (B.E. 2561) was enacted under which the scope of the Bank’s trade and investment insurance services has been expanded to support Thai entrepreneurs in their contract bidding or trade and investment expansion beyond Thailand. The composition of the Board of Directors has also been adjusted to accommodate current regulatory requirements.