Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) and the Export–Import Bank of Thailand, one of Thailand’s state–owned financial institutions, today concluded a memorandum of understanding (MOU) for business cooperation to form a global partnership.
The Export–Import Bank of Thailand, established in 1993, is engaged in financial support to assist Thai companies in the international trade and investment arena, support that is contributing to Thailand’s economic development. In recent years, the bank has been enhancing its support for the international business development of Thailand’s high potential middle–market enterprises and small– and medium–sized enterprises.
Under this MOU, Mizuho Bank and the Export–Import Bank of Thailand will employ our combined knowledge and resources to support Thailand’s middle–market enterprises and small– and medium–sized enterprises in expanding internationally, primarily in economies connected to the Mekong River Basin. We will leverage our global network to provide wide–ranging financial services meeting each area’s needs.
The Mekong River Basin has been seeing remarkable economic growth, centering on Thailand. Mizuho has been expanding our business in the region, opening our Eastern Seaboard Branch in March 2015 and our Phnom Penh Branch in April 2017. With this MOU, we will be able to provide more tailored support for our clients’ needs while contributing to economic development in Thailand and the Mekong River Basin.