KBank supports water waste treatment projects

By The Nation

Kasikornbank is extending low-rate loans to factories which are embarking on energy-saving waste water treatment projects, charging them 1.45 per cent per annum in the 6-year tenor for maximum loan amount of Bt30 million.

Pakorn Partanapat, first senior vice president of the bank, said the Tech Development Fund for Biogas lending scheme focuses on agricultural product processing plants which are installing the anaerobic fixed film reactor technology. The technology is jointly developed by three Thai agencies led by National Science and Technology Development Agency. It consumes low energy and produces methane gas as the by-product.

The interest rate applied for the loan is equivalent to 2.25 percentage points above the bank's 12-month fixed deposit rate, which is 0.65 per cent. Divided by two, the applicable rate is 1.45 per cent.

The bank sets to lend Bt500 million this year under the scheme.

KBank supports water waste treatment projects

Kasikornbank is extending low-rate loans to factories which are embarking on energy-saving waste water treatment projects, charging them 1.45 per cent per annum in the 6-year tenor for maximum loan amount of Bt30 million.

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