Cabinet okays BAAC capital increase | Bangkok Post: business

Business >

BANKING

Cabinet okays BAAC capital increase

Plans by the Bank of Agriculture and Agricultural Cooperatives (BAAC) to increase its registered capital by 20% to 60 billion baht received cabinet approval yesterday.

The BAAC said the increased capital will allow it to extend more loans to farmers.

It plans to lend 500 billion baht over the next five years for lending growth of 10% a year.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • NESDB chief: Gold price drop temporary

    The decline in the global gold price will be only temporary and will rebound on speculation that Italy and other countries in Europe may have to sell gold reserves for debt repayment, the head of the NESDB said on Tuesday.

Forum

image

Your comments

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.