Under the agreement, Resona will screen the financial conditions of Japanese companies wanting to borrow money to finance their investments in the country so that Thailand's leading commercial bank can smoothly offer loans to them in the local currency, the officials said.
Resona will also guarantee debt repayments in a bid to facilitate the lending process, the officials said.
Resona is already providing financial assistance to Japanese firms operating in China in a linkup with Hong Kong banks.
Source: Kyodo News Service;
