Krungsri Eyes ASEAN Expansion with Focus on High-Growth Sectors

Bank of Ayudhya (Krungsri) is looking to grow its corporate banking business across ASEAN by strengthening partnerships with governments and offering consulting services to promising industries. For 2025, the Thailand-based bank will prioritize emerging sectors like bio-green technology, semiconductors, food technology, and smart agriculture, which it believes will be crucial for Thailand’s future economy.

A prime example of this strategy is their Japan-ASEAN Startup Business Matching Fair, which connected over 54 startups showcasing Japanese disaster prevention technologies and facilitated more than 400 business matches in a single day. Krungsri also intends to provide customized financial solutions for businesses throughout the ASEAN region.

Driving Sustainability and Supporting Japanese Businesses

Krungsri is also committed to achieving net-zero greenhouse gas emissions. They plan to increase collaboration with the public sector to share knowledge, raise awareness, and accelerate the shift to sustainable operations.

The bank emphasized its dedication to empowering Japanese companies in Thailand for sustainable growth, noting that it currently serves over 70% of these businesses.

Bunsei Okubo, Krungsri’s head of Japanese corporate banking, stated that the bank will continue to be a vital force for Japanese corporations and a strong supporter of the Thai economy. He highlighted their commitment to driving innovation, fostering growth, and building regional partnerships to ensure customer success, aiming to be the “first call business partner and Platformer for Society and Environment.”