Krungsri Advances Thailand’s Ambition to Become ASEAN’s AI Hub, Strategic Infrastructure Driving the Digital Economy Forward

Bangkok (5 June 2026) - Krungsri (Bank of Ayudhya PCL), a member of Mitsubishi UFJ Financial Group (MUFG), one of the world's largest financial groups, is advancing its role in the data center industry. The Bank continue to support financing transactions for data center projects, underscoring its position as a financial partner dedicated to building Thailand's digital infrastructure and advancing the country's potential to become a regional hub for artificial intelligence and digital technology.

Building on this strategy, Krungsri has translated its commitment into concrete results. In May 2026, the Bank successfully completed financing transactions for two data center projects, highlighting its strong expertise in supporting large-scale digital infrastructure development. These include project finance for a joint venture between Digital Edge (Singapore) Holdings Pte. Ltd. and B. Grimm Power Public Company Limited (BGRIM), forming part of an USD 880 million green loan to finance the development of the joint venture’s 100MW project in Chonburi, supporting a large-scale data center development in Thailand’s Eastern Economic Corridor (EEC). Krungsri also provided bilateral financing to a leading Japanese data center operator, to support its continued expansion in Thailand and strengthen the digital ecosystem across both national and regional levels. In addition to financing activities, Krungsri has organized seminars for corporate clients and investors as a platform for knowledge sharing and expert dialogue. The sessions highlighted key trends and investment opportunities in the data center sector and related industries in Thailand, with the aim of fostering stronger business networks and supporting the sustainable development of the data center ecosystem.

Mr. Prakob Phiencharoen, Krungsri Head of Corporate and Investment Banking Group, said: “The rapid growth of AI technology, cloud services, and the digital economy is fully aligned with Thailand’s national policy to establish data centers as a critical pillar of the country’s future infrastructure. Krungsri is therefore committed to delivering end-to-end support for this industry — leveraging the strength of the MUFG network and collaborating with specialist data center teams across the region, particularly in Singapore. Our support spans financing, and tailored financial solutions, and global partner network connectivity for all operator segments —from global hyperscalers and digital platform companies, multinational data center operators, infrastructure investors, and international corporations expanding the digital operations in Thailand— all with the shared goal of advancing the AI ecosystem and strengthening the country’s long-term competitiveness.”

Mr. Kohei Omori, Krungsri Head of Japanese Corporate Banking, said: “Japanese companies across various industries, particularly in technology and digital services, are accelerating their overseas investments in data centers to support the fast-growing data-driven economy and rising demand for cloud and AI technology. Thailand has emerged as a key destination, offering strategic geographic location as a regional connectivity hub, strong infrastructure, and the capacity to accommodate large-scale investments. Strong government support further elevates Thailand's position, not merely as an investment destination, but as a regional hub for expanding digital services across ASEAN. This reflects growing confidence in Thailand’s long-term role in the digital economy. Krungsri will continue deepening its expertise in this sector to consistently support efforts to attract sustained investment into the country.”

Krungsri is ready to serve as a financial partner for corporates and investors, leveraging its network strength, expertise, and comprehensive financial solutions to support the development of Thailand’s digital infrastructure. In particular, the data center industry plays a critical role in driving the AI ecosystem and the digital economy. Krungsri is also committed to supporting Thailand’s aspiration to become a sustainable regional digital hub.