Since 1959, IFC has provided about $3 billion in financing to 65 companies in Thailand. Thailand is a high middle-income country and has a vibrant private sector, yet most domestic companies still lack access to long-term local currency financing or structured finance that can meet their needs today.
IFC supports the Thai financial sector in highly developmental areas especially microfinance and sustainability finance. In the microfinance area, IFC is in discussions with potential partners to provide an innovative local currency financing package for supporting micro housing loans to members of community co-operatives.
IFC seeks to partner with leading Thai financial institutions for projects in the Mekong sub-region especially Cambodia and Lao PDR where the nascent financial sector can benefit greatly from the participation of Thai financial institutions both in terms of capital as well as expertise.
IFC is also looking to play a role in supporting the Government’s infrastructure program to spur economic growth and absorb excess liquidity in the banking system. IFC can assist in the financing of projects which have a significant private sector component or are undertaken at the sub-sovereign level. IFC had also offered its assistance to the Thai Government to advice on the bidding of the Bangkok subway.
