EXIM Thailand clarified that lending to STARK's subsidiaries is in line with the bank's mission. We are in the process of finding a solution.

Export-Import Bank of Thailand (EXIM Thailand) would like to clarify that EXIM Thailand has granted loans to STARK's subsidiaries in line with the Bank's mission. To support the import limit of raw materials for the production of electrical wires and cables, both sold in Thailand for national development and export. In the past, the use of the credit line was normal. But when the parent company or STARK encounters problems, the bank is in the process of following up and discussing with all parties involved. to find further solutions to the problem Including the Bank has completely complied with the regulations on classification and provisioning of Specialized Financial Institutions.

Source: Thai News Agency