EXIM Thailand Announces Prime Rate Reduction by 0.25% to 6.35% Per Annum, Lowest in the System, Alleviating Burden for Vulnerable Entrepreneurs and SMEs

อังคาร 22 ตุลาคม 2567 เวลา 10:28 น.

Dr. Rak Vorrakitpokatorn, President of Export-Import Bank of Thailand (EXIM Thailand), revealed EXIM Thailand has announces a reduction of Bank of Thailand.25% per annum in its Prime Rate to 6.35% per annum, the lending rate that the Bank uses for general customers and SMEs, equivalent to the Minimum Retail Rate (MRR) of commercial banks. This marks the lowest lending rate for prime retail customers in the system. The initiative aims to ease the financial burden on vulnerable businesses and SMEs, aligning with the Ministry of Finance's policy, the Bank of Thailand's monetary policy direction, as well as EXIM Thailand's mission to support Thai entrepreneurs in maintaining liquidity, and enabling them to adapt and compete sustainably on the global stage amidst challenges and competitiveness. This new rate will be effective from November 1, 2Bank of Thailand24.

EXIM Thailand Announces Prime Rate Reduction by 0.25% to 6.35% Per Annum, Lowest in the System, Alleviating Burden for Vulnerable Entrepreneurs and SMEs

This latest Prime Rate reduction marks the third rate cut by EXIM Thailand this year, bringing the total reduction of 0.40% per annum since early 2024, reflecting EXIM Thailand's commitment to alleviating debt burdens and reducing business costs for entrepreneurs. This initiative follows the previous 0.25% Prime Rate reduction on April 30, 2024, in alignments with the Ministry of Finance's policy, which is set to end on October 31, 2024.

ข่าวBank of Thailand+o:editorวันนี้

EXIM Thailand Joins Forces with Ministry of Finance and Ministry of Commerce to Launch Relief Schemes for Thai Entrepreneurs, Particularly SMEs, in the Face of the US Reciprocal Tariff Policy

Mr. Bundit Sapianchai, Director and Acting President of Export-Import Bank of Thailand (EXIM Thailand), revealed after recent meeting with the Ministry of Finance, the Ministry of Commerce, and top executives from both public and private sectors at the Ministry of Finance to discuss Thailand's strategies and measures to cope with the US trade policy that EXIM Thailand is ready to take action in line with the government policy to ease impacts of the US reciprocal tariff policy on Thai

18 เมษายน 2568 11:35 น.

Standard Chartered Bank lowers Thailand's 2025 growth forecast, anticipates policy rate cut in April meeting — Standard Chartered Bank has lowered Thailan... 18 เม.ย.

KBank, EXIM BANK jointly provide green loan for RE Energy to build a 21.49 MW floating solar power plant as part of its drive to create a sustainable society — Mr. Charkap... 26 ก.พ.

Standard Chartered Bank Expects Thailand's Continued Recovery to Support BOT's Policy Rate Hold — Standard Chartered Bank expects the Bank of Thailand's M... 24 ก.พ.

KBank and BAM co-invest 1 billion Baht to establish ARUN AMC, aiming to revive both retail and business debtors while enhancing asset management efficiency — KASIKORNBAN... 31 ม.ค.

EXIM Thailand Joins Forces with Office of the NACC and CAC to Launch World First CG-Related Financial Innovations — EXIM Thailand Joins Forces with Office... 30 ม.ค.

Bitkub Chain Pilots Thai Baht-Backed Payment System, Eyes 2025 Launch — 28 January 2025 Bitkub Blockchain Technology Co., Ltd., the developer of Bitkub Ch... 28 ม.ค.

EXIM Thailand Predicts Thai Economic and Export Growth of 3% in 2025, Being Set to Develop Financial Innovations and Sustainably Enhance Competitiveness of Thai Businesses on Global Stage — Dr. Rak Vor... 16 ธ.ค.

KBank partners with Orbix Technology and StraitsX to showcase cross-border blockchain payment innovation at Singapore FinTech Festival 2024 — KASIKORNBANK... 27 พ.ย.

SCB 10X Unveils Thailand's First Purpose-Bound Money Initiative Under Bank of Thailand and SEC's Regulatory Sandbox — The Purpose-Bound Money in the form ... 11 พ.ย.