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Thai Bank Forecasts Growth in Export Lending.
Feb. 3--Export-Import Bank of Thailand expects lending to increase by between 4 percent and 5 percent this year, president Sataporn Jinachitra has said.
Strong competition to supply export credit, the burden of restructuring debts and high borrowing costs, had put brakes on growth in lending, he said.
The bank would not tap the Bank of Thailand to provide export credit this year, as the World Trade Organisation required a reduction in state subsidies, he said. Exim Bank's overall ...
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Source: HighBeam Research, Thai Bank Forecasts Growth in Export Lending.