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Article Summary:
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has introduced emergency measures to assist those affected by unrest along the Thai-Cambodian border. This initiative includes the provision of two types of low-interest emergency loans, with amounts not exceeding 50,000 baht and a 0% interest rate for the first six months.
Deputy Spokesman for the Prime Minister’s Office, Mr. Anukul Pruksa Nusak, highlighted that these loans are designed to enhance farmers’ liquidity and support their recovery from the conflict. The loans can be used for various essential expenses, including housing repairs and agricultural equipment restoration.
Additionally, the BAAC plans to allocate 20 billion baht to further support affected farmers, emphasizing the government’s commitment to aid and rehabilitation. Measures include a one-year debt postponement without penalties for those impacted by natural disasters, ensuring the farmers can focus on rebuilding their livelihoods.
Original Article:
BAAC has accelerated to help those affected by the unrest of the Thai-Cambodian border.
The BAAC has accelerated to help those affected by the unrest of the Thai-Cambodian border, 2 emergency loans, not more than 50,000 interest, 0% interest for 6 months.
Mr. Anukul Pruksa Nusak Deputy spokesman for the Prime Minister's Office revealed that the government by the Bank for Agriculture and Agricultural Cooperatives (BAAC) issued an urgent measure. To take care and alleviate the initial customers from the impact of the unrest of the Thai-Cambodian border Through measures to enhance liquidity and rehabilitate customers To encourage farmers who have suffered to access low -interest funding sources to build or repair housing. Agricultural house, agricultural machinery tools Including the rehabilitation of production that has been damaged by the said unrest consisting of 1) a credit project for emergency expenses in 2025 to enhance the liquidity of farmers in general expenses such as the necessary consumption and consumption. Interest rates 0% for the first 6 months, the 7th month onwards, calculating the MRR interest rate (current MRR is equal to 6.725%). The loan amount is not more than 50,000 baht. The installment is not more than 3 years. To be an investment in repairing houses and property Repairing of agricultural tools and equipment that has been damaged by disaster As well as the cost of new agriculture Each limit is not more than 500,000 baht. Interest rate MRR-2 is paid for up to 15 years for supervision and relief for customers who are affected by the sudden flooding situations arising from the influence of the storm “Wipa” in life and career. Including damage to housing Property and agricultural area, BAAC issued urgent measures Through the measures to postpone the debt to a maximum of no more than 1 year, do not charge fines The customer can request the branch under the area from now until 31 December 2025. In addition, the total amount of 20,000 million baht is prepared to enhance liquidity and restore customers. To encourage farmers who have suffered to access low -interest funding sources to build or repair housing. Agricultural house, agricultural machinery tools Including the rehabilitation of production that has been damaged by natural disasters or disasters “May farmers not worry during the situation. The government is ready to take full care and help. By assigning the BAAC in the disaster area to help the victims To help alleviate the initial suffering And after the situation resolved, the BAAC entered the area to explore the damage and customer property. In order to gather information about the way to help further For the victims of the disaster, can request from today onwards at all BAAC branches nationwide. ”
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