Exim Bank reassesses loan to Burma
The Export-Import Bank of Thailand will open talks with the government on whether its four billion baht low inteerst loan to the Burmese government should be reviewed, Deputy Finance Minister Pruektichai Damrongrut says.
Pruektichai: Talks to start this week
Mr Pruektichai would consult Finance Minister Korn Chatikavanij and Exim Bank's legal team this week.
The Supreme Court's Criminal Division for Holders of Political Positions on Friday ruled former premier Thaksin Shinawatra had abused his authority with the Exim Bank loan to Burma.
Mr Pruektichai did not say how the bank would review the contract.
Exim Bank president Apichai Boontherawara said the bank would also assess the possible damage resulting from the contract before forwarding it to the finance minister. But he insisted the Burmese government was a good client which made regular repayments.
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