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Search Result for “baac”

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BUSINESS

Two banks cut lending interest rates

Business, Somruedi Banchongduang, Published on 27/02/2026

» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.

BUSINESS

Banks respond to household debt plan

Business, Somruedi Banchongduang, Published on 28/07/2023

» Financial institutions are ready to comply with the Bank of Thailand's household debt resolution, starting with measures to help reduce persistent debt (PD) from April next year.

BUSINESS

BoT lays out plan to reduce debt level

Business, Somruedi Banchongduang, Published on 22/07/2021

» The Bank of Thailand (BoT) has discussed with relevant authorities to seek ways to lower the country's household debt, starting from co-operatives and student loans with a target to expand to cover farmer loans next year.

BUSINESS

B36bn in SME soft loans drawn down

Business, Somruedi Banchongduang, Published on 08/05/2020

» Some 22,000 small and medium-sized enterprises (SMEs) have taken out 36 billion baht in soft loans sponsored by the Bank of Thailand in the weeks since the application period opened.

BUSINESS

BoT requiring SFIs to apply new caps

Business, Somruedi Banchongduang, Published on 06/09/2019

» The Bank of Thailand is requiring four specialised financial institutions (SFIs) to apply a cap on the single lending limit (SLL) of 15% of capital funds, while two other SFIs have a cap of 25%, effective from Oct 1.