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Bangkok Post
Bangkok Post
Business

BAAC allocates B5bn in loans for fruit exporters

BAAC

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has set aside loans worth 5 billion baht for fruit exporters to deal with slowing shipments to some markets, said executive vice-president Pongphun Jongrak.

He said of the total loans, 1 billion baht has been disbursed.

The BAAC loan programme covers the entire value chain of Thai fruit, from exporters gathering fruit to farmers, as well as those stockpiling and processing the crops.

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