The ESG Finance awards reflect Krungsri's outstanding efforts to build trust among corporate customers by providing comprehensive financial products and services that meet customers' needs.
Mr. Prakob Phiencharoen, Krungsri Head of Corporate and Investment Banking Group, said "Our success is due to our synergy with MUFG, which has bolstered our global network and ESG expertise. This is Krungsri's distinctive approach to providing innovative financial products and services for sustainability. While the market is currently limited in terms of people with ESG expertise, Krungsri has a team of experts in Thailand who can provide services that meet customers' needs in an efficient and timely manner. This reaffirms our position as a trusted partner in promoting sustainable businesses."
The prestigious ESG Finance Awards 2021 presented to Krungsri include:
The Asset Award 2021 from The Asset, Asia's leading financial magazine, is given for the following achievements:
- Best Sustainability-Linked Bond - An award for Thai Union Group PCL.'s Sustainability-Linked Bond worth 5,000 million baht
- Best Sustainability Bond - An award for Bangkok Expressway and Metro Public Company Limited (BEM)'s Sustainability Bond worth 6,000 million baht
- Best Green Bond - An award for Toyota Leasing (Thailand) Company Limited's Environmental Debentures worth 2,000 million baht
In addition, Krungsri received the Best Local Currency Bond award from The Asset, the award is given for CP ALL Public Company Limited's debentures worth 66,000 million baht.
IFR ASIA Awards 2021 is presented by International Financing Review Asia (IFR Asia), Asia's leading money and capital markets magazine, The Thailand Capital Markets Deal award has been given for the 5,000 million baht Sustainability-Linked Bond issued to Thai Union Group PCL., which Krungsri was the sole arranger and the Joint Sustainability-Linked Structuring Advisors together with MUFG Securities Asia Limited.
ThaiBMA Best Bond Award 2021 is presented by the Thai Bond Market Association (ThaiBMA) - Krungsri has been awarded with Corporate ESG Bond of the Year award. This bond was given to private debt securities issued under the Green, Social, Sustainable Financing frameworks. This year, the award was given to Thai Union Group PCL's Sustainability-Linked Bond No.1/2021, which Krungsri was the sole arranger.
In addition to the ESG Finance awards, Krungsri has received numerous prestigious awards including:
- Best THOR Engagement award from ThaiBMA for being a financial institution in Thailand that offers loans, bonds and other instruments with THOR references and promotes the use of THOR in financial products among customers.
- Deal of the Year award from ThaiBMA is given to the outstanding debt issuance transaction in all aspects, and is widely recognized by investors in 2021. The winning debenture is a THOR reference debentures PTT Public Company Limited, which Krungsri was one of arrangers to this product.
"In 2022, we will continue to expand ESG Finance's growth by developing financial products to promote sustainable business operations as well as educating our customers of the growth of ESG Finance in the global financial market together with MUFG. We remain committed to build the growth of sustainable financial businesses in Thailand, which is in line with our mission to drive our partners and customers towards sustainable growth," concluded Mr. Prakob.
Source: Spark Communications