BAAC rolls out measures to help clients hit by impact of Covid-19

The Bank for Agriculture and Agricultural Cooperatives (BAAC) will offer a debt moratorium from six months up to a year to clients who are farmers, cooperatives, village funds or agricultural communities which have had debts with the bank as of April 1, 2021, in a bid to alleviate the financial burden of its clients amid this severe third Covid-19 wave.

“We estimate there are about 2.82 million clients who will benefit from this measure,” said BAAC manager Thanarat Ngamwalirat on Tuesday.

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The Nation Reporter