IFC and
TMB collaborate to provide USD100 million long-term funding in US currency to
SME exporters
- Fund will be
used to finance SME exporters under “TMB Long-term USD Loan for SME
Exporters” program
Bangkok, May 29, 2012: The International
Finance Corporation (IFC), a member of the World Bank Group, and TMB have
reached an agreement to cooperate in a joint effort to support SME exporters in Thailand with a long-term financing program
worth in total USD100 million.
The cooperation with TMB marks the
first time IFC grants loans aimed at flood relief to target recipients through
a Thai commercial bank. With this collaboration, IFC and TMB aim at increasing
lending to small and medium enterprises and exporters mostly affected by last
year’s floods, helping them revive their businesses and create jobs at a time
when US dollar liquidity is tightening. TMB will distribute the fund to target
customers under the “TMB Long-term USD
Loan for SME Exporters” program in order to support the Thai export economy
which rebounded strongly in the first quarter after shrinking late last year
because of the floods
“IFC’s support to TMB reflects our
countercyclical role in helping address financing gaps for small and medium
enterprises,” said Ms. Karin Finkelston, IFC Vice President for Asia Pacific.
“As a leading bank in Thailand
Mr. Boontuck Wungcharoen, TMB
CEO said, "TMB is proud to partner with IFC in providing fund to SMEs. TMB
will distribute the IFC fund to SMEs who have US dollar denominated in-flows;
providing them with access to long-term US dollar funding to either import new
equipments as part of their flood rehabilitation plans or expand their
production capacity. This is a rarity for SMEs in Thailand
leverages a fixed interest rate that allows the customer to
have greater control in managing their cost of fund. This will be especially
beneficial with the increasing interest rate trends that are happening.”
Mr.
Piti Tanthakasem, TMB Chief Wholesale Banking Officer, added that ‘TMB Long-term USD Loan
for SME Exporters’ program is now available.
SME customers can take the loan for three to five years of maturity at a fixed
Interest rate of 4.9% per annum for a minimum credit line of USD1 million. The
special interest rate is being offered until 30 June this year only.
"With the interest rate in US
dollar which is considerably lower than in Thai currency coupled with the
saving from not having to spend on any foreign exchanging hedging instrument,
SME exporters who join our new program will benefit from a lower cost of about
3% per year compared to the regular Thai currency loan. Customers who are
interested in participating can contact Mr. Rattakorn Nawarat at TMB Corporate
Product Development Team on 02 299 2122.”
* * * * * *
About IFC
IFC, a member of the World Bank Group, is the largest
global development institution focused exclusively on the private sector. We
help developing countries achieve sustainable growth by financing investment,
providing advisory services to businesses and governments, and mobilizing
capital in the international financial markets. In fiscal 2011, amid economic
uncertainty across the globe, we helped our clients create jobs, strengthen
environmental performance, and contribute to their local communities—all while
driving our investments to an all-time high of nearly $19 billion. For more
information, visit www.ifc.org.
TMB Bank Public Company Limited
Guided by its Make THE Difference
philosophy, TMB aims to improve the lives of banking customers and empowers
them to achieve their financial goals through its efficient transactional
banking service in the easiest and most convenient way. TMB responds to the needs of clients through
its 460 branch network, 82 foreign exchange centers 2,353 ATMs, as well as
electronic banking systems. Its business encompasses commercial banking,
offshore banking, investment banking, and other businesses, including
bancassurance. Listed on the Stock Exchange of
Thailand, TMB is the country’s 7th
largest commercial bank, with an asset size of THB695.27 billion as at 30 March
2012.
* * * * * *
Media enquiries:
Tel: + 662 299 1950, 1953
+ 662 242 3260
+ 66 89 967 1411
รายงานข่าวโดย.....
(รหัสพิเศษ397) น.ส.พ.ดีโพลมานิวส์และ dpmnews
และชมรมนักข่าว2000, และ ศูนย์วิทยุ (ทาง)ช้างเผือก
ศูนย์รวมพี่น้องสื่อมวลชนหลายสถาบัน (รายงานข่าว)
ข่าวนี้จะนำไปลงตีพิมพ์ในสื่อสิ่งพิมพ์ของเราอีกครั้ง
นี่คือตัวอย่างบางส่วนเท่านั้น ยังมีข่าวอื่นๆอีกมากมาย
.....................................................................................
บ.ก.เกรียงไกร ไตรสัมฤทธิ์ผล
(ควบคุมคอลัมน์) โทร.086-7928056
อีเมล์ของเราคือ.......
diplomanews@gmail.com
dmnnews@gmail.com และ
dpm2554@gmail.com และ
นอกจากข่าวนี้แล้วยังมีข่าวย้อนหลังให้ดูอีกมากมายขอให้คลิกไล่ดูอาจจะอยู่ทางขวามือหรืออาจจะอยู่ทางซ้ายมือ
ยังมีพันธมิตรที่ร่วมลงข่าวให้กับสื่อในเครือของเราอีกหลายสื่อ
ขณะนี้เรากำลังทำโครงการ
ช่วยเหลือ คนชรา คนพิการ ผู้ด้อยโอกาส
และสัตว์เลี้ยงจรจัด
ทั่วไป เป็นการสร้างบุญกุศลร่วมกัน ถ้าท่าน
จะร่วมสนับสนุนโครงการเป็นธนาณัติหรือพัสดุสิ่งของกรุณาส่ง
“ตู้ป.ณ.
30 ป.ณ.พลับพลาไชย กรุงเทพฯ 10100”
......................................................................................................................................
ไม่มีความคิดเห็น:
แสดงความคิดเห็น