Exim posts Bt1-bn net profit

MONDAY, OCTOBER 30, 2017
Exim posts Bt1-bn net profit

Export-Import Bank of Thailand (Exim Thailand) posted a net profit of Bt1.01 billion in the first nine months of this year, the bank’s president, Pisit Serewiwattan, said.

He added that the bank recorded outstanding loans of Bt84.93 billion, a Bt10.46 billion growth year-on-year, derived from new loan drawdown of Bt18.57 billion during the year with partial repayment of existing loans. This contributed to a business turnover of Bt115.71 billion. 
The bank helped boost the competitiveness of Thai entrepreneurs, particularly SMEs, in international trade and investment. SME business turnover was Bt74.03 billion. Outstanding loans to SMEs amounted to Bt35.89 billion, representing a Bt5.02 billion or 16.27 per cent year-on-year growth, he said.