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Article: Export-Import Bank of Thailand Sets 10 Percent Loan Growth Target.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- October 28, 2002
CopyrightCOPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Wichit Sirithaveeporn
Oct. 28--The Export-Import Bank of Thailand expects to boost long-term lending by 10 percent and short-term facilities by 5 percent in 2003, according to president Sataporn Jinachitra.
The bank extended seven billion baht in new loans in the first nine months of the year, with new loan growth expected at nine billion for the entire year.
Outstanding loans at the end of September totalled 38.4 billion baht, a decline of five billion from last year due primarily to the scrapping of a packing credit programme for exporters.
Mr Sataporn said competition among local banks had tightened, as each institution was ...
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