Gsb Sustainable Bond Hits 70 Billion Baht, Record for State Enterprises

Khaosod•Economy•11d ago

Reader Briefing

Government Savings Bank achieves a record-breaking 70 billion baht in subscriptions for its first sustainable bond issuance, demonstrating strong investor confidence.

•GSB successfully issued its first sustainable bond, 'Government Savings Bank Sustainable Bond No. 1/2026'.
•The bond, with an offering of 20,000 million baht, received overwhelming interest, reaching nearly 70,000 million baht in subscriptions.
•This issuance marks a new record for the highest offering value for a state enterprise and specialized financial institution.
•Funds raised will be used to finance and refinance projects under the Sustainable Finance Framework, supporting social and environmental lending.

Overview

•On May 29, 2026, Government Savings Bank closed the offering and issued sustainable bonds.
•Government Savings Bank announced the success of its first sustainable bond issuance. This issuance received nearly 70,000 million baht in subscriptions against a 20,000 million baht offering.
•The offering for Government Savings Bank Sustainable Bond No. 1/2026 was 20,000 million baht, with subscriptions reaching nearly 70,000 million baht.
•Investors demonstrated strong confidence in Government Savings Bank's potential and role in supporting sustainable development through financial products and services.
•Government Savings Bank will utilize funds from this issuance to finance and refinance projects compliant with the Sustainable Finance Framework.
•The funds are designated to support social and environmental lending, aligning with Government Savings Bank's role as a social bank.
•Government Savings Bank aims to generate shared value for society, environment, and economy, working towards Net Zero emissions by 2050.
•Asian Development Bank (ADB) provided consultation for the Sustainable Finance Framework, and DNV (Thailand) Co., Ltd. acted as an independent Second Party Opinion provider.

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Key Quotes

ทรงพล ชีวะปัญญาโรจน์

"Successfully issued and offered "Government Savings Bank Sustainable Bond No. 1/2026" worth 20,000 million baht, exceeding expectations with nearly 70,000 million baht in subscriptions."

ประสบความสำเร็จในการออกและเสนอขาย “หุ้นกู้เพื่อความยั่งยืนของธนาคารออมสิน ครั้งที่ 1/2026” วงเงิน 20,000 ล้านบาท ปรากฏว่ามีคนสนใจเกินคาด มีการจองซื้อเข้ามามากเฉียด 70,000 ล้านบาท

Key Entities

Organization

Government Savings Bank(ออมสิน)ℹ️

A Thai state-owned savings bank that has successfully issued its first sustainable bond, setting a new record for state enterprises.

Asian Development Bank(ธนาคารพัฒนาเอเชีย)ℹ️

The development finance institution that provided consultation for Government Savings Bank's Sustainable Finance Framework.

DNV (Thailand) Co., Ltd.

An independent international expert firm that provided a Second Party Opinion on Government Savings Bank's sustainability framework.

Person

Songphol Cheevapinyaroj(ทรงพล ชีวะปัญญาโรจน์)

Director of Government Savings Bank who announced the success of the bank's first sustainable bond issuance.

Law

Sustainable Finance Framework(หลักเกณฑ์ทางการเงินเพื่อความยั่งยืน)

The framework under which Government Savings Bank will use funds raised from its sustainable bond issuance to support social and environmental projects.