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Soft loans worth B30bn to help retain employment
Bangkok Post
|May 31, 2025
The Bank for Agriculture and Agricultural Cooperatives (BAAC) is offering 30 billion baht in soft loans to employers in the social security system to maintain employment.
According to Paisan Hongtong, senior executive vice-president of BAAC, the bank signed a memorandum of understanding (MoU) with the Social Security Office (SSO) to cooperate on “Employment Promotion Loan Project, Phase 3 [2025-2026]”.
The project supports employers registered with the SSO that have contributed to the Social Security Fund for a minimum of 12 consecutive months and have maintained at least 80% of their insured workforce since establishment.
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