BAAC's lending lifted by farm cards | Bangkok Post: business

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BAAC's lending lifted by farm cards

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The outstanding balance of cash advances drawn by farmers' credit cards was close to 8 billion baht at the end of November. 

Outstanding card loans at the end of last month totalled 10 billion baht, said Chaiwat Pokpong, executive vice-president of the Bank for Agriculture and Agricultural Cooperatives (BAAC).

The state-owned bank had outstanding loans of 92 billion baht in the first eight months of its fiscal year starting April 1.

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