Government Savings Bank promotes Green Bond

Bangkok, Government Savings Bank continues to promote Green Bond, supporting fundraising for the environment, winning 3 big awards from domestic and international stages. Miss Paphakorn Rattanasetha, Deputy Director of Government Savings Bank Investment and Financial Management Group received the 'SOE Bond Contributor' and 'State Owned Enterprise ESG Bond of the Year' awards at the Best Bond Awards 2023: ThaiBMA Best Bond Awards 2023, which the Thai Bond Market Association held at the hotel. Siam Kempinski Bangkok to honor organizations and personnel who have outstanding performance in bond transactions. The 'SOE Bond Contributor' award is given to financial institutions that have allocated and distributed state enterprise bonds. The Ministry of Finance supplies all models in the first market. highest in fiscal year 2023 Government Savings Bank also received the 'State Owned Enterprise ESG Bond of the Year' award, which is an award given to state enterprise debt instruments. Issued under the Green, Social, Sustainable Financing Framework, which is accepted and responds to the needs of investors. As the underwriter of environmental conservation bonds of the Export-Import Bank of Thailand No. 1/2023 In addition, the bank received the "Best Green Bond - Sustainable Finance" award from the global stage, The Asset Triple A Awards 2024, organized by The Asset, Asia's leading financial magazine. that focuses on excellence in financial operations and investments, with the Government Savings Bank and Bank of Ayudhya Public Company Limited participating in the role of "Green Structuring Advisor, Bookrunner and Lead Manager" as underwriters of bonds for environmental conservation or Green Bond of Export-Import Bank of Thailand (EXIM BANK) for the second year in a row after successfully issuing and offering green bonds for the first time in 2022. This time, Green Bond is being issued to investors. Establishing a group of SMEs for the first time as a source of funding to support loans for clean energy projects that bring m oney to implement projects related to environmental conservation, such as renewable energy projects from Solar Power, etc., by Fitch Ratings (Thailand) Company Limited. Credit rating at "AAA" level, "stable" trend, offering value 3,500 million baht, 3-year term, interest rate 2.71% per year, and offered for sale on June 6, 2023 to institutional investors and large investors. Source: Thai News Agency