Exim Thai­land to pro­vide more loans for Thai com­pa­nies to go to Myan­mar

Mizzima Business Weekly - - CONTENTS -

The Ex­port-Im­port Bank of Thai­land (Exim Thai­land) is gear­ing up to pro­vide more loans for Thai com­pa­nies ven­tur­ing into Myan­mar on ex­pec­ta­tions of a lon­gawaited eco­nomic boom, Thai­land’s The Na­tion re­ported.

The bank would pro­vide more loans to Thai and Myan­mar busi­nesses that are con­sid­er­ing us­ing a wide range of Thai prod­ucts in their com­mer­cial op­er­a­tions in Myan­mar, said Pisit Serewi­wat­tana, the pres­i­dent of the bank.

Busi­ness vol­umes have in­creased more than 30 per cent since the bank opened a rep­re­sen­ta­tive of­fice in Yangon two years ago. Pisit ex­pects the scale of bi­lat­eral trade and in­vest­ment to more than dou­ble in the next five years.

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