Muangthai Capital

MTC Receives ‘AA’ SET ESG Rating, Reflecting Sustainable Business Practices to Global Standards

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MTC's AA SET ESG Rating recognition for 2025

Muangthai Capital Public Company Limited (MTC) was recognised by the Stock Exchange of Thailand for sustainable business performance for the seventh consecutive year and received an AA SET ESG Rating for 2025 in the Financials sector.

The company integrates environmental, social and governance (ESG) principles across financial-product design, risk management and the monitoring of social and environmental impacts. These activities operate within a transparent, accountable governance framework aligned with international standards to support stable long-term growth.

Parithad Petampai, Chief Executive Officer of MTC, said:

“The AA SET ESG Rating reflects MTC's systematic approach to managing ESG risks while responsibly expanding financial opportunities for micro, small and medium-sized enterprises (MSMEs) and informal self-employed workers. We believe that fair and inclusive access to financial services is an important foundation for long-term economic growth, strengthens investor confidence and supports the sustainable development of the organisation alongside society and the environment.”

MTC also received an ‘Excellent’ five-star corporate-governance rating for the eighth consecutive year and an AA rating from MSCI, reinforcing its role as a Thai microfinance leader operating to international standards as a world-class Thai microfinance company.

The company's sustainability efforts have been supported through cooperation with global financial institutions, including the Japan International Cooperation Agency (JICA), Germany's DEG and the International Finance Corporation (IFC), a member of the World Bank Group, through investments in MTC's social bonds. Most recently, the Asian Development Bank also provided support to expand access to finance for women-led micro, small and medium-sized enterprises in rural Thailand.

SET ESG Ratings are an important Thai capital-market standard for identifying sustainable stocks. MTC is included among Thai ESG securities in the Financials sector and is recognised by institutional investors and sustainability-focused mutual funds. This reflects the company's approach of linking economic value creation with responsible financial inclusion while strengthening investor confidence in its long-term capabilities and stability.

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