Krungsri wins the "Best Bank for Sustainable Finance" award, along more awards for sustainability, solidifying its role as a trusted partner for businesses and fostering sustainable growth together

30 April 2024

Bangkok (30 April 2023) – Krungsri (Bank of Ayudhya PCL), led by Mr. Kenichi Yamato (right), President and Chief Executive Officer, together with Mr. Prakob Phiencharoen (left), Krungsri Head of Corporate and Investment Banking Group, proudly announces its success in receiving the prestigious "Best Bank for Sustainable Finance" award from The Asset Triple A Awards for Sustainable Finance 2024, marking the second consecutive year and the recent recognition as, “Best Sustainable Bank” from FinanceAsia Awards 2024. This accolade reaffirms Krungsri's significant role in supporting businesses in sustainable finance and delivering outstanding operational results. Additionally, Krungsri also received more sustainability awards from national and international-level stages, recognizing its roles as a bookrunner, lead manager, green structuring adviser, sole lender, and mandated lead arranger for diverse businesses. These awards include:

The awards from The Asset Triple A Awards 2024, organized by The Asset, a leading financial magazine in Asia, include:
  • “Best Green and Blue Bond” award for Thailand's inaugural green and blue bond, aimed at supporting climate change management and marine resource conservation, totaling USD 400 million.
  • “Best Green Bond” award for the successful issuance of a green bonds by the Export-Import Bank of Thailand, totaling 3,500 million baht.
  • “Best Sustainability-Linked Loan” award for acting as a sustainability coordinator and mandated lead arranger for the sustainability-linked loan (SLL) secured by Thai Union Group Public Company Limited (Thai Union) worth 11,500 million baht.
  • “Best Green Loan” award for serving as a green structuring adviser and sole lender for a green loan to SCG Packaging Public Company Limited (SCGP) worth 3,000 million baht, marking SCGP's first long-term green loan.

The awards from the ThaiBMA Best Bond Awards 2023, organized by the Thai Bond Market Association, include:
  • “Leading Underwriter for Corporate ESG Bond” award for being a leading distributor of debt securities, particularly long-term corporate bonds issued under standardized frameworks and criteria for raising funds for environmental, social, and sustainable purposes.
  • “State Owned Enterprise ESG Bond of the Year” award for the issuance of a green bond by the Export-Import Bank of Thailand, totaling 3,500 million baht.

In addition to its expertise and business success in ESG finance, Krungsri has also delivered financial products and services, including investment banking advisory services to various major deals. This has garnered them excellent awards in business consultancy, notably the “Best Bond Adviser – Domestic” and the “Best New Bond” awards from The Asset Triple A Awards 2024.

The aforementioned success reflects Krungsri's dedication as a trusted partner for businesses, aiming to provide comprehensive and efficient financial solutions that meet the diverse needs of customers. This includes financial products and services that help facilitate customers' transitions, enabling them to step into sustainable growth together.
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