Central Pattana Public Company Limited, Thailand's leading sustainable real estate developer, and Krungsri (Bank of Ayudhya Public Company Limited) have formed a significant partnership to advance sustainability goals through Sustainability-Linked Loans (SLL) and Sustainability-Linked Derivatives. This collaboration aligns with the missions of Central Pattana and Krungsri to achieve net zero greenhouse gas emissions by 2050.

Under this important collaboration, Krungsri has provided support through sustainability-linked loans amounting to 2.85 billion baht and financial derivatives that align with Central Pattana's long-term environmental goals. This includes allocating 30% of the loan for operations under the ESG development framework, which is crucial for initiating projects such as reducing Scope 1 and Scope 2 greenhouse gas emissions, utilizing renewable energy, and developing green buildings in Central Pattana's real estate projects.

Ms. Naparat Sriwanwittaya, Chief Financial Officer and Deputy Managing Director of Finance, Accounting, and Risk Management at Central Pattana Public Company Limited, stated, "Central Pattana is committed to creating 'spaces' that enhance the lives of people, communities, and the environment with the vision of 'Imagining better futures for all.' We are continuously advancing sustainability according to our Journey to NET Zero 2050 plan. Sustainable finance, or ESG Financing, is a key strategy for driving positive change. We commend Krungsri for leading the transition to sustainable finance and thank them for their ongoing support."

Mr. Prakob Pienjareon, Head of Corporate Banking and Investment Banking at Bank of Ayudhya Public Company Limited, remarked, "Krungsri is honored to continue supporting Central Pattana after providing green loans in 2022 and 2023. This collaboration represents our support for sustainability-linked loans, further demonstrating Central Pattana's commitment to sustainable operations and reinforcing its leadership in Thailand's real estate development. It also serves as a model for integrating ESG principles across all sectors. Additionally, this loan support reflects Krungsri's commitment to expanding financial transactions that support social and sustainable activities to 100 billion baht by 2030. We are pleased to walk this sustainability path alongside Central Pattana and are ready to support the ongoing transition to broader sustainability."

Mr. Hirotaka Kuroki, Head of Global Markets at Bank of Ayudhya Public Company Limited, expressed, "Krungsri is proud to offer sustainability-linked derivatives to Central Pattana, marking the first sustainability-linked derivative transaction for them. This product is designed to help clients manage interest rate risks while providing benefits based on achieving ESG goals. The success of this product offering results from collaboration among various sectors within Krungsri to integrate financial products that promote sustainability, including sustainability-linked loans and derivatives. This enables Krungsri to provide financial solutions aligned with carbon reduction goals, which is a crucial part of fostering sustainable growth for Central Pattana."