BAAC
- Thailand News
Southern Thai man finally receives 10,000 baht government aid
A man from southern Thailand was overjoyed when the Bank for Agriculture and Agricultural Cooperatives (BAAC) branch in Loei province finally tracked him down to ensure he received the government aid of 10,000 baht. The initiative was part of a final effort by the bank to help vulnerable groups secure their due benefits before the deadline. BAAC in Loei took…
- Thailand News
Phuket resident wins 60 million baht in BAAC lottery
A resident of Phuket scooped 60 million baht from the BAAC lottery for July. This marks the ninth time this year that a lucky winner has claimed the top prize from the Thong Thong lottery series. The news was reported today, with BAAC Thailand’s Facebook page sharing images of the new millionaire. The grand prize winner, a customer from the…
- Thailand News
Berry far away: Thai farmers chase sweeter loans in Scandinavia
The BAAC is offering loans for Thai farmers to harvest berries in Sweden and Finland this summer. The state-owned Bank of Agriculture and Agricultural Cooperatives (BAAC) earmarked 375 million baht to help 5,000 Thai farmers embark on an adventurous journey to pick wild berries in Sweden or Finland during this year’s harvest season, starting this month. BAAC President Chatchai Sirilai…
- Business News
BAAC to launch e-commerce platform with Chinese tech firm
The Bank for Agriculture and Agricultural Cooperatives (BAAC) is in discussions with a prominent Chinese technology firm to establish a joint venture. The focus of this venture is to create an e-commerce platform to streamline the sale of agricultural commodities to China, as revealed by Chatchai Sirilai, the bank’s president. In this joint venture, the BAAC will not be considered…
