Krungsri (Bank of Ayudhya PCL) reaffirms its commitment to being “The Leading Sustainable and Regional Bank” through its collaboration with MUFG by hosting the annual Krungsri-MUFG Business Matching Fair 2024. This significant networking event connects trusted partners of both Krungsri and MUFG to create new business opportunities across five key markets: Thailand, Japan, Vietnam, the Philippines, and Indonesia.
Mr. Kenichi Yamato, Krungsri President and Chief Executive Officer, said, “The Krungsri-MUFG Business Matching Fair 2024 embodies the shared vision of Krungsri and MUFG to foster an ecosystem that unlocks the full potential of entrepreneurs in Thailand, Japan, and across the region. Now in its 12th year, the event has seen steady growth in both the number of participating customers and industries, as well as a notable rise in international attendees. This surge highlights the growing interest in expanding business opportunities within the ASEAN region. Thanks to the close collaboration between Krungsri and MUFG, today’s event successfully achieved our mission, facilitating over 200 business matching connections.”
Mr. Yuu Sato, Managing Director, Head of Corporate Finance & Strategy Advisory Division, MUFG Bank said, “Since its start in 2013, the Krungsri-MUFG Business Matching Fair has strengthened business connections between Thailand and Japan. This is the first time to invite the customers from MUFG’s all the partner banks. Through our business matching activities, we aim to empower entrepreneurs with valuable opportunities for expansion, supported by MUFG’s professional expertise and extensive global network.”
This year’s Krungsri-MUFG Business Matching Fair 2024 provided Thai entrepreneurs with invaluable opportunities to expand internationally, while Krungsri continues to support business owners with comprehensive financial solutions and access to MUFG’s professional expertise and strong global network. The event attracted over 50 Japanese companies, more than 60 Thai companies, and numerous participants from across ASEAN, covering diverse sectors including food and beverages, consumer products, household appliances, kitchenware, cosmetics and skincare, real estate, and food service industry. Complementing the business matching activities, Krungsri also offers Krungsri ASEAN LINK, a business advisory service designed for companies looking to expand operations within ASEAN.
These initiatives aim to further develop business networks for entrepreneurs, laying a strong foundation for economic growth and lasting partnerships in the region.
“I would like to express my gratitude to every contributor to the success of today’s fair, reinforcing our mission to connect Japanese and Thai companies. This trust highlights our role in supporting entrepreneurs at all levels as they drive growth through innovative financial solutions and adhering to the ESG principles championed by Krungsri and MUFG, serving as a solid foundation for the sustainable growth of both countries’ economies. Together with MUFG, we will continue to enhance our products and services to deliver meaningful value to businesses, contributing to long-term economic stability in both nations.” Mr. Yamato concluded.
About Krungsri
Krungsri (Bank of Ayudhya PCL and its business units) is the fifth largest financial group in Thailand in terms of assets, loans, and deposits, and one of Thailand’s six Domestic Systemically Important Banks(D-SIBs) with 79 years of history in the country. Krungsri is a strategic member of the Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and one of the world’s largest financial organizations. Krungsriprovides a comprehensive range of banking, consumer finance, investment, asset management, and other financial products and services to individual consumers, SMEs, and large corporations through 576 domestic branches (536 Banking Branches and 40 Auto Business Branches) and over 32,827 service outlets nationwide.
The Krungsri Group is the largest card issuer in Thailand with 10.5 million credit cards, sales finance, and personal loan accounts in its portfolio; a major automobile financing service provider (Krungsri Auto); one of the fastest growing asset management companies (Krungsri Asset Management); and a pioneer in microfinance (Ngern Tid Lor).
Krungsri is strongly committed to the highest level of integrity in conducting its business. All Krungsri Group companies have been awarded accreditation from the Private Sector Collective Action Coalition Against Corruption (CAC) in collaboration with industry peers and stakeholders on a zero toleranceapproach to corruption.
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 markets.
The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
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