Export-Import Bank of Thailand (EXIM Thailand)

Institution type Export Credit Agency
Ownership 100% owned by the Royal Thai government
Head office EXIM Building, 1193 Phaholyothin Road, Samsen Nai, Phayathai, Bangkok 10400
Rating Moody’s Baa1, Fitch BBB+
Major instruments Export finance, investment finance, short-term export credit insurance, investment insurance
Information www.exim.go.th
Email: info@exim.go.th
Tel: (66) 22713700

List of EXIM Thailand products :
–    Short-term Export Credit Insurance
–    Medium- and Long-term Export Credit Insurance
–    Investment Insurance

Summary

Export-Import Bank of Thailand (EXIM Thailand) is a financial institution wholly-owned by the Royal Thai Government under the supervision of the Ministry of Finance. It is also a member of the Berne Union.
EXIM Thailand’s main objectives are to protect domestic businesses in their overseas transactions against investment and trade risks and to promote good corporate governance and social responsibility. EXIM Thailand strives to help small and medium enterprises to expand their business internationally.
EXIM Thailand pursues these goals by providing various insurance instruments. These products include export credit insurance and investment insurance.

Export credit insurance cover Thai exporters’ losses that are incurred due to commercial and political risks.

 

Example of relevant products for private infrastructure investments
Instrument   Instrument Insurance
Instrument type Insurance
Eligible transaction, investment and projects Project that has a Thai national or Thai company as a shareholder
Eligible beneficiaries Lenders, private sector companies
Eligible forms of investment • Equity: assets, profits or other monetary benefits derived from the insured investment
• Loans: the original principal and interest amount according to the repayment schedule under a loan agreement
Risk types covered Political risk
• Inconvertibility, transfer restriction, or exchange blockage
• Expropriation by host government
• War and civil disturbance in host country
• Breach of contract by host government
Maximum tenor From 3 to 15 years
Maximum amount or cover Cover up to 90% of actual losses
Fee • An application or information analysis fee of 0.1 percent of the maximum amount of insurance but not exceeding 100,000 Baht will be applicable. This fee will be deductible from the premium when the policy is issued.
• Premium rate will be specified as a percentage of the yearly amount of insurance. This premium is charged on the current amount of insurance of collected up-front each year when the policy is issued and renewed.
Instrument Medium- and Long-term Export Credit Insurance
Instrument type Insurance
How it works Project or transaction that has a company which registered in Thailand
Eligible projects • Supplier of goods and Services
• Financial institution providing overseas credit
Eligible beneficiaries Exporter that has a Thai national or Thai company as a shareholder
Eligible forms of investment All export transaction such as sales of capital goods, construction contracts, service contracts, or sale of consumer durable goods, etc.
• For export of services transaction, the term of payment or contract period could be up to 5 years.
• For export of goods transaction, the term of payment or contract period should be more than 6 months to 5 years.
Risk types covered Political and commercial risks
Maximum tenor No stated maximum
Maximum amount or cover Cover up to 90% of the actual loss
Fee Premiums based on type of risk covered (credit risk, construction risk, securities), coverage (political risk, commercial risk), country risk, financing structure, duration, buyer, and the like