BAAC to revise loan goal as farm sector stagnant
The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is poised to revise its new lending target of 101 billion baht for this financial year, starting from April 1, because of knock-on effects from the Covid-19 outbreak on the farming sector.
BAAC’s operating performance for the 2019-20 financial year that ended March 31 was not affected by the virus, said Somkiat Kimawaha, BAAC’s executive vice-president.
Wichit Chantanusornsiri
