{"id":8659,"date":"2021-01-26T12:26:56","date_gmt":"2021-01-26T12:26:56","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=8659"},"modified":"2021-01-26T12:26:56","modified_gmt":"2021-01-26T12:26:56","slug":"krungthai-bank-best-social-impact-bank-thailand-2020","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/asia-pacific\/2021\/krungthai-bank-best-social-impact-bank-thailand-2020\/","title":{"rendered":"Krungthai Bank: Best Social Impact Bank Thailand 2020"},"content":{"rendered":"

\"Krungthai\"<\/p>\n

Krungthai Bank (KTB) is a majority state-owned enterprise bank on a threefold mission: to facilitate sustainable economic growth, boost financial inclusion, and enhance quality of life in Thailand. The bank\u2019s 54-year legacy of stability has contributed to the development of the country\u2019s business landscape. In 1989, it became the first state enterprise to float shares on the Stock Exchange of Thailand. The bank unites five ecosystems \u2014 government, education, payments, healthcare and mass transit \u2014 by combining next-level fintech solutions with strong tech infrastructure. It creates positive social impacts with products, services and support programmes addressing the needs of more than 40 million people. KTB clients can apply for student loans, streamline hospital visits and make contactless payments. The bank has collaborated with the government to develop digital platforms to register, screen and deliver relief measures during the coronavirus pandemic. It implemented measures to mitigate the financial hardship experienced by individual and corporate clients, such as loan \u201cpayment holidays\u201d at the beginning of the crisis, and reductions in interest rates, fees and penalties from August onwards. The CFI.co judging panel has praised KTB in past awards programmes for its steadfast advancement of the Thailand 4.0 strategy, which aims to build a cashless society while reducing social inequalities and narrowing the income gap. The judges applaud the bank\u2019s swift crisis response and declare Krungthai Bank as winner of the 2020 award for Best Social Impact Bank (Thailand).<\/p>\n","protected":false},"excerpt":{"rendered":"

Krungthai Bank (KTB) is a majority state-owned enterprise bank on a threefold mission: to facilitate sustainable economic growth, boost financial inclusion, and enhance quality of life in Thailand. The bank\u2019s<\/p>\n","protected":false},"author":1,"featured_media":8661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,10,12,22,53],"tags":[],"class_list":["post-8659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-banking","category-best-practice","category-csr","category-front"],"yoast_head":"\nKrungthai Bank: Best Social Impact Bank Thailand 2020 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/asia-pacific\/2021\/krungthai-bank-best-social-impact-bank-thailand-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Krungthai Bank: Best Social Impact Bank Thailand 2020\" \/>\n<meta property=\"og:description\" content=\"Krungthai Bank (KTB) is a majority state-owned enterprise bank on a threefold mission: to facilitate sustainable economic growth, boost financial inclusion, and enhance quality of life in Thailand. 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