![EXIM Thailand Organizes Training on International Trade Risk Management for Bank of the Lao PDR Personnel](/img/files/20240322/iq92dfc6eec98d4c562cba8c2bfbeb9844.jpg)
Mrs. Warangkana Wongkhaluang, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), along with EXIM Thailand's executives, organized a training program on export credit insurance facilities for the personnel of the Bank of the Lao PDR (BOL) in Vientiane, Lao PDR, on March 21, 2024. They received a warm welcome from Mr. Soulysak Thamnuvong, Director General of BOL's Monetary Policy Department. Throughout the program, both parties exchanged knowledge and experiences regarding financial services and products for Thai-Lao entrepreneurs. In this regard, EXIM Thailand offers various forms of financial support and credit services, including export credit insurance, which is a crucial tool in managing international trade risks amidst economic and political uncertainties. It protects exporters from the risk of non-payment by overseas buyers resulting from the rejection of goods receipt, payment refusal, or bankruptcy, which can significantly impact new or small-sized exporters. This aligns with EXIM Thailand's role as a Green Development Bank, driving sustainable development.