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East Asia & the Pacific
East Asia & the Pacific > Countries
Are Thai Bankers' Ready for the Equator Principles? An Interview with the Secretary-General of The Thai Bankers Association
As a growing number of Thai banks finance ever more hydropower projects in the Mekong region, IFC is striving to raise the sustainability of such multi-million dollar infrastructure investments by familiarizing banks with environmental and social ris
Solar Makes Sense (Thailand)
Women entrepreneurs are the hidden force behind many great companies—including Thailand’s early leader in solar power.
Around the Bank Group
Contact Information
Simon Andrews
Regional Manager
Lao PDR, Thailand, Cambodia, and Vietnam
E-mail: sandrews2@ifc.org
989 Rama 1 Road, Pathumwan
Bangkok 10330, Thailand
Tel: 66 (2) 686-8300
Fax: 66 (2) 686-8379
Media Contact
Chu Thi Van Anh
E-mail: canh1@ifc.org
IFC in Thailand
IFC provides and mobilizes financing for Thailand’s private sector, especially in underfinanced areas such as infrastructure, renewable energy, and microfinance. Over the last 50 years, we have raised $3 billion in financing that benefited more than 65 companies, including small and medium enterprises, contributing to economic development and poverty reduction.
Supporting Banks, Expanding Access to Finance
IFC helps strengthen Thailand’s financial sector by working with banks to increase capital, reduce non-performing loans following the 2008-2009 global financial crisis, recover distressed assets, and improve operations to withstand future financial downturns.
We offer risk guarantees to encourage banks to invest in new areas such as renewable energy and in projects that cut greenhouse gas emissions. We support financial institutions that cater to small and medium enterprises, which account for 70 percent of the economy and play an important role in creating jobs and reducing poverty.
Infrastructure Investment: Fighting Climate Change and Reducing Poverty
IFC seeks to invest in rural infrastructure, such as cross-border transportation that opens up regional commerce, and tertiary education and vocational training that develop skills needed to attract investors into underdeveloped areas. IFC’s investments in solar power plants in rural northeast Thailand, one of the country’s poorest regions, have helped create jobs and increase access to clean energy.
We also promote public-private partnerships, encouraging private investors to participate in complex infrastructure projects and help save scarce government resources for social development.
Promoting Social and Environmental Standards
IFC has years of experience helping businesses attract international investors by raising social and environmental standards that balance profitability with support for local communities and protection of the environment. We help banks reduce project financing risks by adopting IFC’s globally accepted social and environmental standards.
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