Mr. Prakob Phiencharoen, Krungsri Head of Corporate and Investment Banking Group, said, "Despite global economic headwinds over the past year, Krungsri remained steadfast in supporting our large corporate clients, helping them achieve stable growth through comprehensive financial solutions tailored to their specific needs across all dimensions. Sustainable finance, in particular, has attracted growing interest, and Krungsri has delivered standout results for both the public and private sectors."
"Notable achievements include facilitating Thailand's first Sustainability-Linked Bond (SLB) issuance—positioning the country as the first in Asia and the third globally, after Chile and Uruguay, to successfully launch such a bond. The Bank facilitated issuance of Thailand's first Blue Bond aimed at protecting marine environments and resources, as well as the telecommunications sector's first Sustainability Bond. Moreover, Krungsri has provided loan supports across various industry sectors, such as the energy industry, industrial estates, real estate, infrastructure and telecommunications, hospital businesses, and the agricultural industry. Many of the loans are aimed at supporting sustainability."
"Additionally, we served as advisor and participant in 3 significant transactions: (1) Acting as the exclusive M&A Advisor in Thailand's largest renewable energy merger and acquisition deal of 2024. In partnership with MUFG, Krungsri advised on the sale of a 90% stake in a solar energy portfolio with a total capacity of 139.4 megawatts, valued at 4,828 million baht. (2) Serving as the Sole Financial Advisor, with Krungsri Securities acting as the Sole Lead Underwriter, for the first capital increase and unit offering of a Real Estate Investment Trust (REIT). (3) Acting as Selling Agent for Vayupak Fund 1, distributing investment units nationwide through Krungsri's branch network and the krungsri app. These milestones reflect the strong trust and confidence that corporate clients across all segments place in Krungsri."
"2025 remains a challenging year, particularly for Thailand, which faces potential impacts from uncertainties in foreign investment and external pressures such as global market volatility and international trade tensions. However, the loan portfolio for large corporate clients has shown steady growth in the first quarter, meeting the projected credit growth target of 5-7% for the year."
Accordingly, the Corporate and Investment Banking Group's strategic direction for 2025 is built around the concept of 'Crafting Collaboration, Moving Beyond Solutions.' This vision focuses on working closely with clients to monitor and assess their situations, offering tailored advice, and collaborating to develop customized solutions. The goal is not only to meet short-term needs but also to foster long-term relationships while designing strategies that promote sustainable growth across all aspects of business. This approach is carried out through 3 key areas:
- Sustainable Finance Capability Building - Elevating sustainable finance capabilities while facilitating corporate clients' business operations in advancing ESG practices. This approach creates new financial opportunities that support responsible growth, and generates long-term value for both businesses and society.
- Quality Growth - Propelling business growth with a focus on quality, driven by a deep understanding of each client's needs while balancing returns and risks.
- Investment Banking Solutions - Strengthening comprehensive financial solutions through close collaboration with the global MUFG network, partner banks across the ASEAN region and Krungsri Securities to deliver tailored consultancy and design financial structures that align with each client's specific needs and circumstances. This includes mergers and acquisitions advisory, capital raising through equity capital markets, as well as serving as a selling agent for investment units.
- Leverage MUFG & Global Network - Enhancing service offerings and expanding business opportunities for clients by leveraging Krungsri Group's network, MUFG's network, and international connections to strengthen the ability to meet diverse client needs locally and internationally.
This year, the Corporate and Investment Banking Group strengthened its capabilities by integrating the Multinational Corporation (MNC) business unit into its team. This strategic enhancement positions Krungsri to better support multinational corporations, particularly those from East Asian—such as China, Hong Kong, South Korea, and Taiwan, where increasing investment and expanding presence in Thailand are playing a vital role in driving the Thai economy. With this trend, Krungsri and MUFG combine collective expertise to efficiently support clients' operations in Thailand, ensuring comprehensive fulfillment of their needs.
"Amid the prospect of escalating economic challenges, Krungsri remain committed as a trusted partner, offering full support to clients as clients adapt and achieve quality growth amidst change. At the same time, the Bank is dedicated to contributing to Thai economy toward sustainable growth" Mr. Prakob concluded.
