The state-owned bank has been using a J.P. Morgan proprietary index to improve the terms of its products.

Krungthai Bank (KTB) has collected THB2.4 billion (US$68m) from a principal-protected note tracking the J.P. Morgan 4% VT Mozaic XRP 1% Decrement Index, which also marks its best-selling index-linked note.  Issued on 18 May, the three-year note with a long call option has a strike level of 390 with a participation rate of 60% and an initial USD/THB of 33.8. Its subscription period was from 9 to 13 May. Facing the uncertainty of the global economy, investors should diversify their investm