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Low-cost loans to aid farm modernisation
Bangkok Post
|June 18, 2026
The Board of the Bank for Agriculture and Agricultural Cooperatives (BAAC) has approved a 30-billion-baht subsidised loan programme to help farmers transition from traditional agriculture to precision and sustainable farming practices.
BAAC president Chatchai Sirilai said the BAAC board approved the project at its meeting yesterday, chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas.
The programme, titled the "Half-Half Interest Loan Scheme," will run for three years until April 2029. It is designed to provide farmers with access to low-cost financing for working capital and investment in agricultural activities.
Under the scheme, eligible farmers can borrow up to 100,000 baht each at an annual interest rate of 6%. The government will subsidise half of the interest cost, or 3 percentage points, leaving borrowers responsible for only 3% per year, provided they comply with the programme's conditions.
Dit verhaal komt uit de June 18, 2026-editie van Bangkok Post.
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