TMB chunks up export loan portfolio
(7 September 2012 – Thailand) Thailand’s TMB Bank is actively focusing on building its export loan portfolio by adding attractive features for supply-chain solutions for exporters and their suppliers.
As the country relies more on the export sector to drive economic growth the bank has set its eyes on releasing further funds.
Export represents 75 percent of gross domestic product, said TMB Bank chief executive officer Boontuck Wungcharoen, who believes the export situation still has good momentum.
'Everyone knows the export [situation] is not good, but the challenge for us is how to help customers increase efficiency and lower costs.
"We must improve financial products and services to help customers during these difficult times, so supply-chain solutions are our focus because they can help the competitiveness of our customers,' he said.
TMB has strongly promoted its supply-chain solutions in the past two years to increase customers' financial liquidity.
Export represents 75 percent of gross domestic product, said TMB Bank chief executive officer Boontuck Wungcharoen, who believes the export situation still has good momentum.
'Everyone knows the export [situation] is not good, but the challenge for us is how to help customers increase efficiency and lower costs.
"We must improve financial products and services to help customers during these difficult times, so supply-chain solutions are our focus because they can help the competitiveness of our customers,' he said.
TMB has strongly promoted its supply-chain solutions in the past two years to increase customers' financial liquidity.
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