Finance/share
Hot News: Bank Aim green deposit market
http://www.tviclick.com
Home Page iClick News.com
Home
Print this webpage
Print
Thai Version
Thai
Bank Aim green
deposit market

Krungthai launches “Green Deposits” in Thai Baht and US Dollars. Under the financing criteria and lending for environmental conservation projects (Green Financing Framework), with ISS Corporate Solutions (ISS-ESG) acting as an external reviewer. According to international environmental finance standards Ready to reinforce its leadership in innovative financial solutions for the environment (ESG Financial Solution) by joining hands with PTT and PTTEP to sign the "Liquidity Management Project Linking ESG Goals, Covering Green Deposit Products" First time in Thailand

Mr. Phayong Sriwanich, President Krung Thai Bank revealed that as the country's leading commercial bank The Bank is committed to bringing innovation and financial technology to develop financial products and services. To meet the needs of every group of customers Support doing business that is environmentally friendly. Reduce global warming problems and drive the country to achieve the goal of reducing greenhouse gases (Net Zero Emission) under the concept of “Innovation creates value Answer customer needs Toward Sustainability” based on the principles of giving importance to environment, society and governance (ESG) in response to the Sustainable Development Goals (SDGs) of the United Nations. Recently, the Bank has prepared guidelines for financing and lending for environmental conservation projects (Green Financing Framework) in accordance with international environmental finance standards. To be a practice in releasing environmentally friendly products from upstream to downstream in a complete manner. Create standards for providing comprehensive green financial services. Covers deposits, loans and other financial services. that complies with international standards To drive the economy and society towards sustainability

The bank received support from PTT and PTTEP to implement an investment project to manage liquidity that covers Green Deposits and is linked to ESG indicators. If PTT and PTTEP P. has successfully implemented ESG goals. The bank is ready to support additional returns. or carbon credits that meet the Verra and T-VER standards, which are internationally accepted. It is another important step that all 3 organizations have joined together to create new financial innovations. for the Thai money market and capital market After the success of doing The 1st Carbon Credit Linked FX Derivatives and The 1st ESG Linked Derivatives with PTT and PTTEP, focusing on investments that create a good impact on the environment. and give importance to conducting business with social responsibility including good company management for long-term sustainable financial results and create better changes for Thailand

Mr. Atthaphon Rerkpiboon, Chief Executive Officer and President of PTT Public Company Limited, said that PTT has increased its investment in clean energy business that is friendly to the environment. Aiming to grow in new business that goes beyond energy As well as applying environmental concepts and financial management to develop together effectively. Recently, there has been investment “Green Deposits” of PTT Group with Krung Thai Bank To allow Krung Thai Bank to grant loans to environmentally friendly projects such as renewable energy projects. Clean energy transportation project Green building projects, as well as in the event that PTT and PTTEP successfully implement their ESG goals, Krung Thai Bank will also support additional returns. or carbon credits that meet T-VER standard quality

This cooperation between PTT Group and Krung Thai Bank is not only a link between business plans according to sustainable organizational development guidelines. matched with environmental, social, and corporate governance performance results (Environmental, Social and Governance : ESG) and green deposits only. But it also reinforces the PTT Group's determination to transform into an environmentally friendly business. Focus on investing in low carbon businesses In addition to helping strengthen the PTT Group's business and driving stable economic growth for Thailand, It also helps support the PTT Group to achieve its goal of carbon neutrality (Carbon Neutrality) by 2040 and reduce net greenhouse gas emissions to zero (Zero Emissions) by 2050, along with igniting the power to drive Thailand towards becoming a carbon society. low Raise the quality of life for Thai people sustainably in the future.

Mr. Montree Lawanchaikul Chief Executive Officer of PTT Exploration and Production Public Company Limited said that PTTEP continues to create sustainable growth according to the strategic plan. By driving the core business of petroleum exploration and production to create energy security along with reducing greenhouse gas emissions. By managing investments in low-carbon petroleum exploration and production projects. Developing technology to reduce greenhouse gas emissions from production processes, such as capturing and storing carbon dioxide or CCS (Carbon Capture and Storage), and offsetting greenhouse gas emissions by planting and maintaining mangrove forests and terrestrial forests, including Expanding investment into clean energy business To support the energy transition and for the goal of net zero greenhouse gas emissions in 2050. This investment is for liquidity management. In addition to managing finances for maximum efficiency, It is also consistent with PTTEP policy. Environmental, Social, and Governance (ESG) stewardship and also supports the Sustainable Development Goals of the United Nations (UN SDGs) that are directly related to the Company's business operations. to create sustainable growth together as well

Go To Lead


KTC Teams up with SEPHORA to Embrace the Latest
Summer 2024 Makeup Trends Through Exclusive Privileges

Mr. Nattasit Soontranu, Head of Credit Card Marketing Division, “KTC” or Krungthai Card Public Company Limited, stated that KTC has partnered with SEPHORA to enhance the spending habits of credit cardmembers who prefer purchasing cosmetic products from multi-brand stores, providing them with a wider array of options. SEPHORA stands out for its “Exclusive at SEPHORA” offerings from renowned brands, covering makeup, skincare, and hair care. Notably, SEPHORA Gold members enjoy special event access privileges, like the "House of SEPHORA" activity, gaining access to information about new brand products, and staying on top of makeup techniques from their favorite brands. The events also include engaging activities, such as games with opportunities to redeem various prizes. All KTC credit cardmembers, may use KTC FOREVER points to redeem for discounts or cash back of up to 600 baht at all SEPHORA stores and on SEPHORA Online Thailand (www.sephora.co.th and the SEPHORA application) from February 1, 2024, to July 31, 2024.

For more information, please contact KTC PHONE 02 123 5000 or visit https://www.ktc.co.th/promotion/health-beauty/cosmetic/sephora-360. To apply for a credit card, visit any “KTC TOUCH” branches nationwide or click the link: https://ktc.today/apply-card.

Remark: It is advisable for credit cardholders to use their cards responsibly and repay the full amount as scheduled to avoid incurring an annual interest rate of 16%.

Go To Lead


[THAI] 
  --  
iClickNews.com