Bangkok, May 2 -EXIM Thailand announces an increase in interest rates. Maintain the position to charge the lowest interest rate for the best retail customers in the system.

Mr. Rak Worakitpokathorn Managing Director Export-Import Bank of Thailand (EXIM Thailand) revealed that according to the Monetary Policy Committee (MPC) voted to increase the policy rate by 0.25 percent per year from 1.75 percent to 2.00 percent per year. years due to the Thai economy tends to continue to grow from the tourism sector and private consumption Meanwhile, merchandise exports tend to recover gradually. together with the inflation trend still at a high level

To help stabilize the Thai economic recovery, EXIM Thailand announced an increase in the prime rate by 0.25 percent per year from 6.25 percent per year to 6.50 percent per year, which was still the interest rate for retail loans. The lowest grade in the system Effective from June 6, 2023 onwards.

“EXIM BANK as a state-owned bank has a mission to drive international trade and investment strategies Still taking on the role of a development bank without abandoning the little ones. Take care and help SMEs entrepreneurs and vulnerable groups with ongoing special measures and promotions. To support them to be able to adapt and cope with economic conditions and to compete in the new era of global trade that is full of new opportunities and challenging factors, must be managed wisely with comprehensive financial tools,” said Dr. Raks.- Thai News Agency

Source: Thai News Agency