As for its third index linked note, Krungthai SOAIESG5 will once again offer full 100% principal protection. The returns will be based on the Solactive Global Artificial Intelligence ESG index, which invests in leading global Artificial Intelligence (AI) hardware and software companies including Meta (formerly Facebook), Alphabet (Google's parent company), Tencent, Alibaba, NVIDIA, Pure Storage, Intel, Zoom, eBay, Twitter, etc. which measures and pass the criteria of environmental, social and corporate governance (ESG) performance. This further highlights Krungthai's commitment to its mission, conducting business sustainably and respecting all stakeholders, as well as fortifying the bank's position as a leading ESG financial solution provider to improve the quality of life of Thai people and address Sustainable Development Goals (SDGs). The SOAIESG5 (Solactive Global Artificial Intelligence ESG) index is rebalanced every 3 months.
"AI businesses are on the rise because AI is used in practically all industries and is relevant to everyday life's activities. Smart devices, social media, online shopping, online gaming, online banking and medical technology are all powered by AI. It is developing at a rapid pace, and it is now one of the key factors driving world economic growth. Therefore, our new index linked note will meet both the need for good returns from continuously rising businesses and the need for stable investment," said Rawin.
Krungthai Solactive Global Artificial Intelligence ESG (SOAIESG5) will be offered to institutional and high net worth investors during 19-24 January 2022 at Krungthai branches. Interested investors can also contact 02-208-4691, 02-208-4673, 02-208-4835, 02-208-4818 during office hours.
Source: Krungthai Bank