Muangthai Capital moves towards its global ranking, being evaluated by MFR and KfW DEG

During February 13-16, 2024, Mr. Parithad Petampai, Deputy Managing Director of Muangthai Capital Public Company Limited, warmly welcomed Ms. Tanwi Kumari, Regional Sustainable Finance Manager from Microfinanza Rating S.R.L. and Ms. Kathrin Weiss, Vice President from DEG, to conduct an in-depth evaluation of the company's consumer protection and to enhance internal processes and services provided to customers globally. This reaffirms Thailand's position as the first global microfinance player, emphasizing the importance of being a quality capital source to contribute to creating inclusive and fair financial opportunities, developing well-being, reducing inequality, fostering happy societies, and supporting sustainable economic growth in line with the United Nations' Sustainable Development Goals (SDGs). Additionally, the company is committed to conducting business with integrity, considering the impact on all stakeholders.

The company firmly believes that this evaluation will not only raise the standards of microfinance credit services industry-wide but also contribute to addressing household debt issues sustainably, aligning with the responsible lending principles of the Bank of Thailand.