Export-Import Bank of Thailand
Puripong Suwanicho is a professional with extensive experience in the insurance and risk management sectors. Currently serving as a Senior Export Insurance Underwriter at Export-Import Bank of Thailand since March 2018, Puripong specializes in financial statement analysis, risk assessment, and the development of departmental processes and banking policies. Previously, Puripong worked as a Claims Officer at Lockton Companies, where responsibilities included managing claims, monitoring insurance company performance, and providing consultancy and analysis for risk management. Prior experience as an Engineering Loss Adjuster at McLarens (Thailand) involved claims management, loss adjusting, and damage surveying across various industries. Puripong holds an MBA in Finance from NIDA Thailand and a B.Eng. in Industrial Engineering from Kasetsart University.
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Export-Import Bank of Thailand
Export-Import Bank of Thailand (EXIM Thailand) is a state-owned financial institution under the Ministry of Finance's supervision. It was established with an initial capital of 2.5 billion baht by the Export-Import Bank of Thailand Act B.E. 2536 (1993), which took effect on September 7, 1993. Following rapid business expansion, the Bank's capital was increased with the Ministry of Finance's additional contribution of 2.5 billion baht and 1.5 billion baht in April and July 1998, respectively. Later in December 2008, the Ministry of Finance injected another 1.3 billion baht in capital to enhance the Bank’s capability to fulfill its mission as a state-run specialized financial institution with a mandate to promote and support Thai exports, imports, and investments, both domestic and overseas. In September 2009, the Ministry of Finance increased the Bank’s capital by another 5 billion baht. The fund was earmarked for export promotion through export credit insurance under the Strong Thailand Scheme 2012. The service helps safeguard exporters against non-payment risk by overseas buyers, thereby boosting exporters’ confidence in their business expansion in the main or emerging markets, particularly in the midst of the 2009 economic turbulence when such risk heightened substantially. Under the Export-Import Bank of Thailand Act, EXIM Thailand is empowered to engage in a broad range of business undertakings. EXIM Thailand can offer short-term as well as long-term credits, either in domestic or overseas markets, in baht or any foreign currency denominations. In mobilizing funds, the Bank can borrow from local or overseas financial institutions, as well as issue short-term or long-term financial instruments for sale to financial institutions and the general public, both domestically and internationally. Essentially, EXIM Thailand can engage in any financial activities customary to commercial bank practices, except for accepting deposit from the general public.