EXIM Thailand Maintains International Credit Rating at Baa1 from Moody’s
EXIM Thailand Maintains International Credit Rating at Baa1 (Stable Outlook) from Moody’s Aligned with Thailand’s Sovereign Rating for the 16th Consecutive Year
Mr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), revealed that Moody’s Investors Service (Moody’s), a world leading global credit rating agency, has announced maintaining a “Baa1” Foreign Currency Long-term Issuer Rating and Foreign Currency Senior Unsecured Rating with Stable Outlook, which is aligned with Thailand’s Sovereign Credit Rating, for EXIM Thailand for the 16th consecutive year. Such rating has demonstrated confidence in the financial status of EXIM Thailand. It also reflects the significant role of EXIM Thailand as a Green Development Bank and its mission as a specialized financial institution under the supervision of the Ministry of Finance, with a mandate to promote and support trade and investment that contribute to national development.
“EXIM Thailand continues to support Thai entrepreneurs by collaborating with public and private sector partners domestically and internationally to drive Thailand toward a low-carbon society and sustainable development goals. We are also dedicated to supporting vulnerable business groups severely affected by escalating natural disasters and climate change challenges, driving Thailand’s transformation into a resilient ESG-based economy that meets the needs and expectations of the government and all stakeholders,” said Mr. Rak.
EXIM Thailand Announces January-September 2024 Operating Results
