BAAC allocates Bt 420 bn loans for the rural sector


The Bank for Agriculture and Agricultural Cooperatives plans to provide loans totalling Bt420 billion to the rural sector this year, BAAC president, Luck Wajananawat said.

The Bt420 billion in loans will be allocated as follows - Bt44.5 billion for livestocks and fisheries, Bt140 billion to support growing of economic crops, Bt45.5 billion for producing alternative energy sources, Bt68 billion for jobs creation in rural areas, Bt30 billion for creating economic communities, Bt52 billion to support the agricultural institute and Bt40 billion to support the government's agricultural policy, according to the BAAC president said.

The Nation

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