Euler Hermes Thailand

With Euler Hermes Credit Insurance you can trade with confidence and explore new markets or products, knowing that your business is protected against credit risk such as the insolvency of your customers.

We specialise in trade credit insurance, surety and collections services. What sets us apart is our commitment to building relationships. We create strong teams that work closely with you to really understand and make a difference to your business.

Related News and Articles

 
After strong GDP growth of +4.1% in 2018, we expect Thailand to be increasingly affected by the global downturn in trade and the uncertainty surrounding the US-China trade feud. While fiscal stimulus and an accommodating monetary policy are expected to partially offset the effects of the deteriorating external environment, current policy uncertainty might undermine business and consumer confidence to some extent, and could limit the growth momentum in the near term.

Solid external position

Thailand enjoys a solid external position. The current account surplus remained large at around +7.5% of GDP in 2018, even though this was down from a peak of +11.7% in 2016. Its export dependence makes Thailand also particularly vulnerable to the recent slowdown in global trade and weakening demand in advanced economies, as well as uncertainty around the US-China trade feud. As a result, we expect the current account surplus to narrow further in 2019-2020, though it should remain well in positive territory.

Why Euler Hermes?

Dedication

55,000

clients worldwide
Experience

83+ million

businesses monitored
Solid foundation

AA rating 

by Standard & Poor’s 

Let's Get In Touch Today!

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  Head of Commercial

Tel: +6698 915 0988

Email: Piriyapong.Charnsin@eulerhermes.com

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Our aim is to help businesses become successful. Our knowledge of industries, companies and countries will help you make the right decisions and avoid risks. We offer efficient solutions for all situations, even when the business climate is challenging, working to protect your business and safeguard your corporate financial health. We provide credit insurance and other services for risk management when you trade at home or overseas. We help you collect your debts with services tailored to your needs. We provide surety to reassure business partners your contractual obligations will be met. Our proprietary data helps you select the best companies to trade with and the right terms to offer them. We examine and monitor possible credit threats to your business. Our objective is to help you avoid financial losses and fully understand the financial stability of your business partners. When you have a payment default, we manage claims to give you confidence and peace of mind, so that you can focus on developing your business.