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Bangkok Post
Bangkok Post
Business

KBank keen to build sustainable finance

KBank's head office in Bangkok. The bank prepared a budget of 200 billion baht for financing and investing in ESG-related projects. (Photo: Pornprom Satrabhaya)

Kasikornbank (KBank) has set a goal to expand the extension of sustainable financial facilities to 25 billion baht this year, doubling to 50 billion next year, aiming to become an Asean leader in the field of environment, social and governance (ESG) finance by 2030.

As of September this year, KBank granted loans to ESG projects worth 16 billion baht, representing 66.1% of its total sustainable financial facilities, which cover loans and funding for 2022.

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