Thailand's Bank of Ayudhya to help clients with decarbonization

MUFG Bank unit to tie up with Japanese startup Zeroboard

20220913 bank of ayudha

Teaming up with Zeroboard, Bank of Ayudhya will seek to gain an edge over its competitors in the market for decarbonization solutions. © Reuters

TOYOAKI FUJIWARA, Editor-in-Chief, Editorial Headquarters for Asia

TOKYO -- Bank of Ayudhya, a Thailand-based bank operating under the umbrella of Japan's MUFG Bank and the fifth-largest lender by assets in the kingdom, is set to invest in a Thai subsidiary to be established next spring by Zeroboard, a Japanese startup that helps companies calculate their greenhouse gas emissions.

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