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Home » Sansiri and SCB strengthen strong partnership for new projects in 2024 business plan
Business Planning

Sansiri and SCB strengthen strong partnership for new projects in 2024 business plan

adminBy adminJune 20, 2024No Comments2 Mins Read3 Views
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Uthai Uthaisansuk, President of Sansiri Public Company Limited (SIRI) Sansiri, a leader in Thailand's real estate development industry, is pleased to announce that Sansiri and Siam Commercial Bank (SCB) are strengthening their trust and strong business partnership. As Thailand's leading financial institution, SCB has demonstrated its trust and confidence by financing the Krungthep Kreetha Project, Bangna Km.10 Project and Chidlom Project, totalling 15.2 billion baht. Each project stands out for its design, service, quality and sustainability, contributing to sustainable growth.

Sansiri continues to focus on strong business development. In this significant year of growth, Sansiri is celebrating its 40th year with a “Resilient Growth” strategy, leveraging its potential, expertise and innovation to expand its business and strengthen its operations. This approach aims to provide products and services that meet consumer needs and stand out from competitors, while always prioritizing social responsibility and environmental care, which Sansiri considers important for future sustainability. This year, Sansiri plans to launch 46 new projects worth 61 billion baht, the highest in the residential industry. The company targets sales of 52 billion baht and total transfer value of 43 billion baht. Sansiri's key strategies are focused on maintaining consistent growth, emphasizing financial discipline, and ensuring adequate liquidity to handle any situation.

Chris Chantanotke, CEO of Siam Commercial Bank The bank said it is pleased to provide financial assistance of 15.2 billion baht to Sansiri for the development of residential projects in three key areas: Krungthep Kreta Project, Bangna KM.10 Project and Chidlom Project. Sansiri continues to make waves in Thailand's housing industry by developing high-quality real estate projects that prioritize innovation and sustainability. The bank is confident that the investment will enhance the quality of life and meet the needs of residents, as well as have a positive impact on the country's economy and society in the long run. The real estate sector contributes significantly to driving Thailand's economy, and Siam Commercial Bank is fully supporting the industry through project development loans and consumer housing loans.

The support is in line with Siam Commercial Bank's “Digital Banking with a Human Touch” strategy, which focuses on leveraging innovation to promote the development of large-scale, high-quality projects and improve quality of life and environmental sustainability.



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