CSR Project

Financial Literacy Education
Updated Date22 Jun 2021

       As people are struggling with financial problems, we realize that this is an important issue and believe that financial literacy is the key to building financial immunity and protecting them from financial threats. We therefore carry out the Krungthai Loves Smart University Project to increase financial literacy of the people with our strength and expertise as a financial institution. We offer financial literacy programs for the general public and our employees, as well as inculcating financial discipline in the youth so that they grow into adults with sound financial health which would be beneficial for the development of the country in the future.

       In order to educate the younger generation about financial literacy to create a future population with sound financial footing, Krungthai Bank conducted 6 financial literacy programs for university students with a total audience of 1,718 students and 72 bank employees were speakers in the programs. The programs aim to provide the university students with the foundation of financial management to prepare them for the early stage of their career. 

Date and Time No. of participants
Walailak University 
19 February 2020,
9:30 - 12:30 
Walailak University 
19 February 2020,
13:30 - 16:30 
Nakhon Pathom Rajabhat University
26 February 2020,
13:00 - 16:30 
Sripatum University Khonkaen
21 November 2020,
9:00 - 12:00
Rajamangala University of Technology Suvarnabhumi
21 November 2020,
9:00 - 12:00
Rajamangala University of Technology Isan
4 December 2020,
9:00 - 12:00
Walailak University
16 December 2020,
13:00 - 16:00
University of Phayao
16 December 2020,
13:00 - 16:00
Total participants 1,718

       Moreover, we provide financial literacy education to our customers and clients, for example, knowledge about tax deduction and tax management tools. On our website under the Financial Partner menu, we provide financial literacy infographics to make the knowledge and information easier to digest. The infographics are divided into categories - Lifestyle, Housing, Saving, Money Plan, Retire Plan and Tax Guru. Financial knowledge is also regularly published on Krungthai Care fanpage. 

Krungthai Loves Education: Scholarships in the Krungthai Weaving Dream for University Graduates

        We give out scholarships to the highest-scoring and well-behaved high school student in a school participating in Krungthai Weaving Dream: Good School near Home Project who has been admitted to one of the eligible public universities as listed by Krungthai Bank in a regular bachelor’s degree program. One student from each school receives the scholarship worth 50,000 Baht per year until the student completes the bachelor’s degree education. In 2020, the bank gave out 157 scholarships totaling 7,850,000 Baht. 

Supporting the operation of the Friends in Need (of “PA”) Volunteers Foundation, Thai Red Cross

       Krungthai Bank and the Friends in Need (of “PA”) Volunteers Foundation, Thai Red Cross, signed an MOU agreement on Wednesday, 31 October 2018 and the foundation opened its Krungthai Bank account no. 000-0-60128-4 under the name of Friends in Need (of “PA”) Volunteers Foundation, Thai Red Cross. 

       The bank has been continuously supporting the operation of the foundation by various means, including our employees volunteering to pack relief bags and survival kits, to do big cleaning in Nakhon Ratchasima and to join other activities hosted by the foundation. In 2020, about 100 bank employees volunteered for the foundation’s activities and the bank promoted the foundation’s activities and fundraising for charity events via the bank’s channels. From 4-8 December 2020, the foundation hosted an on-ground “Friends in Need (of “PA”) 2020” event at Queen Sirikit Park, Chatuchak District, Bangkok, and offered virtual experience of the event from 4-13 December 2020 on www.เพื่อนพึ่งพา.com.

Krungthai Bank’s contribution to “Friends in Need (of “PA”) 2020” event

  1. 500,000-Baht donation to the Friends in Need (of “PA”) Volunteers Foundation, Thai Red Cross
  2. Promoting the event on the bank’s media channels.
  3. ATMs at the event
  4. Volunteers from 4-8 December 2020.
  5. Donation standees and tent cards in the event