Krungsri supports 3,600 million baht loan to Bangpakok-Piyavate Hospital Group for the development of a Green Concept Hospital, aiming to achieve LEED Gold Certification

6 December 2024

Bangkok (6 December 2024) - Krungsri (Bank of Ayudhya PCL) emphasizes the commitment to supporting Thai businesses in their sustainable transformation by granting a 3,600 million baht loan to Bangpakok-Piyavate Hospital Group for the construction of Piyavate 2 Prannok Hospital. The project is designed with environmental conservation in mind, aiming for the prestigious LEED Gold certification, an internationally recognized green building standard by the U.S. Green Building Council (USGBC). This initiative reflects Bangpakok-Piyavate Hospital Group’s ongoing effort to provide efficient medical services while promoting eco-friendly operations.

Mr. Kenichi Yamato, Krungsri President and Chief Executive Officer, said, “As part of our commitment to becoming a leading sustainable and regional bank, Krungsri is strategically collaborating with MUFG to foster sustainable business practices. We are delighted to support the Bangpakok-Piyavate Hospital Group, a trusted name as one of the leading private hospital groups in Thailand for over 40 years of experience, in building a hospital that prioritizes sustainability. This significant collaboration not only advances our shared environmental goals, including reducing carbon emissions, but also contributes to enhancing healthcare services in Thailand, promoting sustainable health practices, and supporting the country’s broader growth and development.”

Dr. Pana Chantarakamol, Chief Executive Officer of the Bangpakok-Piyavate Hospital Group, stated, “The Piyavate 2 Prannok Hospital project marks the beginning of a new era in medical services in Thailand, combining expertise, advanced technology in the form of a smart hospital, and warm service to provide high-quality healthcare to the Thai people. The hospital has been designed to comply with international standards, aiming to raise the level of medical services in the country. Our commitment to continuous quality improvement is reflected in our pursuit of JCI Accreditation. Additionally, the Piyavate 2 Prannok Hospital places great emphasis on sustainability, with the goal of obtaining LEED Gold Certification and implementing ESG principles to demonstrate our responsibility toward society and the environment, following developing global standards. This ambitious project would not be possible without the confidence and support from Krungsri. Their support enables us to create not just a hospital, but a symbol of medical innovation, sustainability, and unwavering commitment of the Bangpakok-Piyavate Hospital Group.”

Krungsri has provided a loan with a credit line of 3,600 million baht to support the Bangpakok-Piyavate Hospital Group. This includes a Green Loan for environmental conservation, which will be used for the construction of Piyavate 2 Prannok Hospital, a 250-bed facility. The hospital's design focuses on functional efficiency, aligning with medical service standards and sustainable practices, while also addressing the environmental impact on both hospital stakeholders and the surrounding community. Additionally, the loan includes funding to support working capital once the hospital becomes operational.
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