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sets loan target at 28 billion baht for 2009 :EXIM BANK

By k on July 27, 2009

sets loan target at 28 billion baht for 2009 :EXIM BANK thumbnail
BANGKOK, 27 July 2009 (NNT) – The President of Export-Import Bank of Thailand (EXIM BANK), Mr. Apichai Boontherawara, revealed his bank had set its loan target for the whole year 2009 at 28 billion baht after the Government had allocated more budgets amounting to five billion baht to the bank.

Mr. Apichai expected his bank to also gain another 100 million baht profit for the whole year 2009. He said the bank was ready to release another loan worth 12.992 billion baht, adding that the loans would help add liquidity to borrowers who are mostly exporters and export guarantors.

As for his bank’s non-performing loans (NPLs), Mr. Apichai said the bank had a huge size of bad debts worth 4.113 billion baht in 2009. He added the bank could handle the debts worth 1.522 billion baht in the first quarter, and other one billion baht debts were expected to be managed in the final quarter this year.

 

Related posts:

  1. EXIM Bank to consider easing loan regulations BANGKOK, 12 August 2009 (NNT) – The Export-Import Bank...
  2. EXIM Bank targets 200mn THB in profit this year BANGKOK, 10 February 2010 (NNT) – The Export-Import Bank...
  3. Siam Commercial Bank still stays in healthy financial status in 3rd quarter 2009 BANGKOK, 26 October 2009 (NNT) – The Bank of Thailand...
  4. Banks target SMEs in loan lending BANGKOK, 21 December 2009 (NNT) - Siam Commercial Bank (SCB)...
  5. EXIM Bank: Thai economy likely to shrink 4% this year   BANGKOK, June 8 (TNA) – The Thai economy...

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