Press Releases
MTC Received ‘AA’ ESG Rating, Reflecting Sustainable Business Practices Aligned with Global Standards

Muangthai Capital Public Company Limited (MTC) has been continuously recognized for its commitment to sustainable business practices by the Stock Exchange of Thailand for the seventh consecutive year, and has been awarded an ‘AA’ rating in the SET ESG Ratings 2025 within the Financials sector.
The Company conducts its business in accordance with Environmental, Social, and Governance (ESG) principles, encompassing financial product design, risk management, and the monitoring of social and environmental impacts. All operations are carried out under a transparent and auditable governance framework aligned with international standards, supporting stable and sustainable long-term growth.
Mr. Parithad Petampai, Chief Executive Officer of Muangthai Capital Public Company Limited, said:
“The ‘AA’ rating in the SET ESG Ratings reflects MTC’s strong commitment to systematic ESG risk management, alongside our mission to responsibly expand financial access for MSMEs and self-employed individuals in the informal sector. We believe that fair and inclusive access to financial services is a fundamental pillar of long-term economic growth. This approach not only strengthens investor confidence but also supports sustainable organizational development in harmony with society and the environment.”
In addition, the Company has received an “Excellent” (5-Star) Corporate Governance Rating for the eighth consecutive year and has been rated ‘AA’ by MSCI, reinforcing its position as a leading microfinance provider in Thailand operating under world-class standards (World-class Thai Microfinance).
MTC’s sustainability initiatives are supported through collaborations with leading global financial institutions, including the Japan International Cooperation Agency (JICA), KfW DEG of Germany, and the International Finance Corporation (IFC), a member of the World Bank Group, through investments in the Company’s social bonds. Most recently, the Asian Development Bank (ADB) has also provided support to expand access to financing for women-led MSMEs in rural areas of Thailand.
The SET ESG Ratings serve as a key benchmark in Thailand’s capital market for identifying sustainable stocks. MTC has been included in the Thai ESG universe within the Financials sector, which is widely recognized by institutional investors and ESG-focused mutual funds. This reflects the Company’s integrated approach to creating economic value while responsibly expanding financial inclusion, strengthening investor confidence in its long-term growth potential and business stability, and reaffirming MTC’s role as a financial service provider that grows alongside Thai society in a truly sustainable manner.