Background:
Sustainable development has become the world’s important agenda. Banks, as key financial intermediaries, can play an important role in promoting sustainable development in several aspects. These includes providing environmental-friendly financial services, providing retail banking with social responsibility, as well as promoting good governance, ethics and anti-corruption. This so called “Sustainable Banking” not only takes into account the lasting benefits of the business, but also those of clients and society at large. Having considered the increasing importance of sustainable banking, the Bank of Thailand has set a medium-term direction in our 3-year strategic plan (2017 – 2019) to promote sustainable banking in the Thai financial sector.
To enhance awareness of the importance and benefits of sustainable banking among banks in Thailand, the Bank of Thailand is organizing a curtain-raising event for the high-level seminar this year, targeting the board members as well as top executives of the commercial banks to set the right tone from the top.