SCB Reaffirms Role as a Partner Supporting Andaman Tourism Businesses in Transitioning to Sustainable Operations

24 Oct 2024

Siam Commercial Bank (SCB), led by Mr. Kris Chantanotoke, Chief Executive Officer, along with the bank's executives, continues to leverage its strengths in digital technology and sustainable finance to support the sustainability efforts of over 100 large hotel businesses and related tourism businesses in the Andaman region, including Phuket, Phang Nga, and Krabi. The goal is to drive Thai hotel and tourism-related businesses toward becoming environmentally friendly throughout the process, reinforcing the partnership during the transition to sustainability under a "Live Sustainably" concept.

SCB Reaffirms Role as a Partner Supporting Andaman Tourism Businesses in Transitioning to Sustainable Operations

SCB is the biggest supporter of the hotel industry in Thailand, with a total loan portfolio of over 134 billion baht, with the Andaman region's hotel businesses accounting for 30% of the bank's hotel loan portfolio.

Additionally, the bank was honored by the participation of Mr. Pasu Liptapanlop, Executive Director of Proud Group, and Mr. Boonrod Yaowapruek, Managing Partner of The Creagy Co., Ltd., who shared their experiences in creating business sustainability and knowledge about beginning the journey toward reducing climate change impacts, leading to sustainable business practices.

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