Climate ChangeThailand's Bank of Ayudhya to help clients with decarbonization
MUFG Bank unit to tie up with Japanese startup Zeroboard
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
September 14, 2022 11:36 JST
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.