Export-Import Bank of Thailand (Exim Bank) aims to expand the proportion of loans it extends to businesses conforming to the bio, circular and green economy (BCG) model to 50% of its anticipated total outstanding loans in the next three years from the current level of 28%.
President Rak Vorrakitpokatorn said the bank’s “green” outstanding loans stood at 47.6 billion baht last year out of total outstanding loans of 168 billion baht.
The bank will also issue green bonds this year to raise funds to provide to small and medium-sized enterprises (SMEs) to upgrade their production to be more environmentally friendly, Mr Rak said.
For BCG loans, the bank will focus on promoting renewable energy and for packaging future food and functional food.
The bank has extended a total of 62 billion baht to 320 renewable energy projects worth 380 billion baht in the past. The loan…
