Sirichai Sakornratanakul

Export-Import Bank of Thailand is a Thai company located in Bangkok and ultimately controlled by the Government of Thailand involved in national commercial banks.

Bangchak Petroleum Public Company Limited was established by the Cabinet of Prime Minister Maj.-Gen. Prem Tinsulanon, in order to operate the old Bangchak oil refinery that had accumulated huge losses, and assigned important duties of maintaining energy security for the benefit of the Thai public. The company was established with the following goals: To be a secure Thai company operating a petroleum business consistent with the common good. To be a company that helps develop a better quality of life for all Thais. This brought efficient management and activities that stressed the overall benefit of fostering a secure and progressive business; guidelines of self-reliance; and a corporate culture of creativity, ingraining in all staff that they should be “good people, knowledgeable, to benefit others.” Within 5 years, the company overhauled this failed business to achieve profits of 500 to 800 million baht per year. It became one of the top ten Thai businesses in terms of sales and was praised by influential members of the community as having set a good example, in terms of both organization and people. The company’s success at that time was always credited as a major success of the government. Toward a Process for Community Relations Development that comes from learning: This links Bangchak to a cycle of relationships serving as a true foundation for society. Bangchak partnered with the Si Prachan Agriculture Cooperative in Suphanburi Province to establish the first cooperative gas station, which was expanded to support agricultural organizations in the community to become owners of Bangchak gas stations, shops, oil trucks, and sewing activities. This helped them to learn organizational and business management skills with joint community ownership and was one more tiny effort in strengthening community economies, engendering self-sufficiency and a good quality of life. At the same time, the company was able to expand its retail market efficiently and develop product quality, all with the aim of helping to develop society, providing Thais greater opportunities for joint ownership. The Cabinet thus changed the company to Bangchak Public Company Limited. Now, there are more than 500 community organizations that work together in unity and growth with Bangchak, strengthening the economy, improving potential, and providing useful benefits to over 1 million agricultural families around the country.

The Group's principal activity is that of a development financial institution which finances private sector industrial enterprises and domestic capital market including the provision of medium and long term loans and complementary working capital. The Group also invests in advisory services, provides guarantees and underwriting activities and manages special Government established funds. The Group operates solely in Thailand.