In Our Value Chain
Krungthai recognizes its crucial role as a commercial bank in driving the financial mechanism for the transition to a circular economy system. As part of its commitment to managing operational risks, the bank has developed a Sustainability Credit Framework. Moreover, Krungthai is dedicated to creating shared values with customers and entrepreneurs of all sizes, by providing credit support to environmentally friendly businesses. The bank also strives to develop innovative products, services, and financial solutions that promote the transition to a low-carbon society.
Products and Services that Support the Transition to a Low Carbon Society
Environmental Products and Services
In 2022, the Bank is committed to supporting entrepreneurs of all sizes, including large businesses, SMEs, and individual customers, by collaborating with partners across various sectors, including private, government, and public organizations, to develop financial products and services that promote sustainable practices and prepare for a low-carbon society.
Services for Our Larger Clients
Krungthai Bank is committed to promoting economic activities that align with ESG principles, and as part of this commitment, we offer derivatives that support sustainable business development. In collaboration with partners such as PTT and PTTEP, we work towards reducing environmental problems, supporting community growth, and promoting good corporate governance within our organization. By meeting their ESG performance goals, customers can lower their risk management costs.
Solutions for Our SME Customers
The Bank provides loans to invest in waste treatment systems in businesses with fixed interest rate of 3% per annum throughout the contract term.
We offer loans and renewable energy credits for the installation of solar rooftop systems with high credit limits and flexible repayment terms of up to 10 years. Our financing options require no collateral, making it easier for our customers to adopt sustainable energy solutions.
We encourage entrepreneurs to explore funding opportunities that can help them upgrade their machinery and equipment in order to increase production efficiency and reduce greenhouse gas emissions.
We collaborate with the National Innovation Agency to provide loans that help businesses enhance their competitiveness through technology and innovation.
Meeting the Needs of Our Individual Customers
To support the installation of energy-saving devices in households, such as
- Solar rooftop installation
- Installation of EV chargers for electric cars
- Purchase of the energy saving electrical appliances