 |
|
|
|
|
|
|
|
 |
|
|
IRPC, KBank heighten
international trade with export credit insurance innovation for 100
- |
|
|
......IRPC
President Mr. Atikom Terbsiri said the company and KASIKORNBANK have
signed an agreement of financial innovation product for export credit
insurance named ‘IRPC Global Export Insured’, in order to strengthen
the company’s export business efficiency and potential. The product
provides 100-percent coverage for non-payment of export value. Claim
Payment can be delivered within 90 days from the scheduled payment
date. Within 2012, total Export Volume for plastic resin via this
product are anticipated to reach 1.5-2.0 billion Baht.
......“The new IRPC Global Export Insured will accomplish the company’s export demands, as the product can support the marketing channel by granting the credit term to customers. Risk of customer payment default will also be reduced. As a result, the company will be able to expand new marketing channels and new customers with more confidence,” Mr. Atikom said. |
|
 |
|
|
........Mr.
Predee Daochai Senior Executive Vice President of KASIKORNBANK, said
IRPC Global Export Insured is export credit insurance that covers
goods payment from trade partners as soon as the shipment is made,
from the shipping port to its destination. IRPC’s trade payment will
be completely insured up to 100 percent of goods value. Claim Payment
can be made as quickly as within 90 days from the payment due date
(compared to 180-300 days with existing products). The company can
select trade partners of which payment would be insured by the Bank.
The insurance product has been developed from an agreement between
KBank and Factors Chain International (FCI), a partnership of more
than 250 leading commercial banks in 67 countries, which is a highly
popular service provider among exporters and the international banking
community. KBank is the only bank in Thailand that is a member of
FCI and able to offer this service. The product will ensure exporters
of business undertakings without concern of risks, and enhance their
competitiveness in the international market. The Bank projects that
IRPC Global Export Insured, a part of K-Value Chain Solutions, will
generate 1.5-2.0 billion Baht of transactions and will boost the Bank’s
total export credit insurance in 2012 to 35 billion Baht.
|
|
 |
|
|
IRPC, KBank heighten
international trade with export credit insurance innovation for 100
- |
|
|
........Mr.
Predee added that KBank has so far introduced a variety of financial
innovations to IRPC. Recently, with KBank’s assistance, the IRPC ideal
SOLUTION for Pro-Export System was developed, which is an online document
management service of plastic resin exports for IRPC, in order to save
time and manpower, and reduce errors in document preparation.
|
|
 |
|
|
For more information,
please contact:
Corporate Communication Division of IRPC Public Company Limited Tel: 02-649-7285 Public Relations Unit, KASIKORNBANK Tel: 02-470-2653-8 |
|
  |
|
|
ËÁÒÂà˵Ø. ʧǹÅÔ¢ÊÔ·¸ìÀÒ¾áÅÐà¹×éÍËÒ ¹Í¡¨Ò¡¨Ðä´éÃѺ͹ØÒµà»ç¹ÅÒÂÅѡɳìÍÑ¡ÉÃ
|
|
|
Use of this site signifies
your acceptance of the Privacy Policy and Terms of Use.
Copyright © 2005 Variety News Edition Corp. All rights reserved. |
|
.gif){kind=spacer}