PUBLISHED : 14 Sep 2024 at 04:00
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced debt payment deferrals for its customers in the North affected by severe flooding, with the measure lasting up to one year.
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PUBLISHED : 14 Sep 2024 at 04:00
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced debt payment deferrals for its customers in the North affected by severe flooding, with the measure lasting up to one year.
According to BAAC president Chatchai Sirilai, the payment deferrals are intended to alleviate customers’ concerns about their debt burden.
Branches in the affected areas were assigned to distribute relief packages and provide loans to enhance liquidity for emergency expenses, he said. The deferrals will not incur any penalties for late payments.
Mr Chatchai said…