Mr. Shih, Jiing-Fuh, Chief Executive Officer and President of Land and Houses Bank Public Company Limited or LH Bank (Fifth from right), stated that the bank is committed to developing financial solutions to support environmentally friendly businesses. The bank has launched the Green Deposit product for the purpose of channeling such deposits to provide financial support for environmentally friendly industries, including clean energy projects, green building projects, and segments that contribute to the reduction of greenhouse gas emissions. The Green Deposit product has been developed under the sustainable finance framework, which covers standards for sustainable green fundraising, with the Asian Development Bank (ADB) serving as an advisor. The product has undergone independent evaluation and reviewed by TRIS Rating Company Limited. In addition, the Green Deposit has earned the trust of Thai Airways International Public Company Limited as a deposit customer in the amount of Baht 500 million, reflecting a shared commitment to advancing business practices that take into account the Environmental, Social, and Governance (ESG) principles.

        Mr. Chai Eamsiri, Chief Executive Officer of Thai Airways International Public Company Limited (Fourth from right), said that Thai Airways operates with a continuous awareness of environmental impacts inherent to the aviation industry. The company focuses on improving its operational processes across all dimensions, aiming to reduce greenhouse gas emissions through a wide range of projects and initiatives. Recently, the company has opted to utilize LH Bank’s Green Deposit service, directing their deposits to support environmentally friendly businesses. This initiative marks another milestone in extending the concept of sustainable development (ESG), while optimizing liquidity management to deliver maximum benefits and support stable and sustainable growth in the long run.

        On this occasion, the bank is honored by Ms. Cherdchome Therdsteerasakdi, Chief Financial Officer of Thai Airways International Public Company Limited (Third from right), Ms. Christine Engstrom, Director General, Sectors Department 3, Asian Development Bank (ADB) (Sixth from right), and Mr. Sombat Jiwariyavej, President of TRIS Rating Company Limited (Second from right), who jointly served as witnesses at Thai Airways International Public Company Limited recently.