KTB denies granting government rice scheme loans | Bangkok Post: business

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KTB: No loans for rice scheme

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Krung Thai Bank has not approved 160 billion baht in loans for the government’s rice-pledging scheme, as reports on social media have claimed, KTB president Worapak Thanyawong said on Thursday. 

Mr Worapak insisted that the issue of whether to approve loans for the Bank for Agriculture and Agricultural Cooperatives to pay farmers involved in the rice scheme was not on the agenda at a meeting of the board of KTB directors.

He added that he was confident the government would not attempt to use KTB to finance its rice scheme.

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