EXIM BANK Lowers Prime Rate to 6.05% to Aid SMEs

Bangkok: EXIM BANK helps SMEs reduce interest rates to 6.05% per year. EXIM BANK responds to the Monetary Policy Committee's decision to alleviate the burden on businesses, especially SMEs, by reducing the Prime Rate to 6.05% per year.

According to Thai News Agency, Mr. Chalach Rattanaboonnitthi, Managing Director of the Export-Import Bank of Thailand (EXIM BANK), announced that EXIM BANK will lower its Prime Rate, the interest rate applied to all corporate clients including SMEs, to 6.05% per annum. This initiative is intended to support economic recovery, decrease financing costs, and provide greater liquidity for entrepreneurs, particularly SMEs, during the current economic slowdown. Additionally, it seeks to mitigate the effects of US tariff measures. The new rate will be effective from March 9, 2026.

The adjustment in the Prime Rate aligns with the Monetary Policy Committee's decision and the Ministry of Finance's strategy to support economic recovery, reduce debt burdens, and decrease financial costs for entrepreneurs, especially SMEs, amid global economic uncertainties. EXIM BANK remains committed to its role as a specialized state financial institution to assist Thai entrepreneurs in adapting to and competing within the global marketplace, thereby enhancing their sustainable, long-term competitiveness.