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Thai Export-Import Bank to Double Assets within Six Years.

Bangkok Post (Bangkok, Thailand)

| February 04, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Wichit Chantanusornsiri

Feb. 4--The Export-Import Bank of Thailand expects to double its asset base to over 100 billion baht within the next six years, according to president Sataporn Jinachitra.

Assets at the bank currently stand at a modest 47.9 billion baht, a level Mr Sataporn acknowledges remains too small to make technology upgrades and other investments financially worthwhile.

The bank's growth strategy will focus largely on new investment and infrastructure projects throughout the region, including new road, rail and utilities developments that would link Thailand with Burma, Cambodia and Laos.

Financing the purchases ...

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Source: HighBeam Research, Thai Export-Import Bank to Double Assets within Six Years.

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