Krungsri becomes the first Thai commercial bank to launch “Sustainable Deposits” in Thailand with Toyota Leasing (Thailand) being the first customer

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11 มีนาคม 2567

Bangkok (8 March 2024) – Krungsri (Bank of Ayudhya PCL) announced that it has launched Sustainable Deposit, a term-deposit product for commercial and corporate clients to support social and sustainable projects. Being the first Thai commercial bank that initiates and introduces such product to the Thai financial market, the Bank is trusted by Toyota Leasing (Thailand), which is the first company in Thailand that supports such Sustainable Deposits. This reflects the Bank’s aspiration to be a sustainable bank and meets the customers’ needs who commit to participating in propelling sustainable projects in Thailand.

The Sustainable Deposit Program is a Baht deposit account for corporate customers with a minimum balance of 50 million baht. The Bank has an explicit objective to use the deposited funds to finance the social and sustainable projects of Krungsri such as social loans for construction of school and hospital buildings or green loans for clean energy projects.

Ms. Chuenkamol Dapparungsi, President of Toyota Leasing (Thailand), stated, “We are not only determining to conduct our business for profitability but also conscientious about our stakeholders, society, and the world at large. We are committed to continually improving and aligning our operations with ESG principles: Environmental, Social, Governance with Corporate Sustainable Development Goals with a goal to steer our business towards a sustainable future.” On a path that is supported by all stakeholders, including Krungsri, we will stride forward with confidence, stability, and continuous improvement. Together, we will drive towards the future and achieve our sustainable goals. On behalf of Toyota Leasing (Thailand), we are so proud for being the First Sustainable Depositor with Krungsri on this Sustainable Deposit Program in 2024.

In addition to being the first Japanese company that supports the sustainable deposit product in Thailand, Toyota Leasing (Thailand) was also the first Japanese corporate customer that joined hands with Krungsri in the successful issuance of green loan and bond in 2021

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