2 BAAC measures to treat COVID customers Summary of the detailed conditions after the cabinet green light, people affected by the epidemic
Consequences of the spread of the virusCOVID-19 In the second round, the CRC announced the highest control areas in total of 28 provinces and in order to mitigate – reduce the impact on entrepreneurs and people. The Ministry of Finance and financial institutions have taken measures.Remedies for Covid Round 2
for COVID remedial measures Round 2 That came out with both liquidity enhancement Through credit Credit guarantees and debt relief measures orSuspend debt payment The BAAC or the Bank for Agriculture and Cooperatives is one of the financial institutions that have taken measures to help customers who have been affected.
by BAAC releases second round of remedial measures for people affected by COVID Divided into 2 measures
1. Relief measures
Suspend debt payment
– A 1-year suspension for the entire system
* Mortgage loan for COVID-19 (COVID-19) Farmers and SMEs 1 year / 6 months
* Mortgage loan for SME entrepreneurs (outside LPH) 6 months
* Mortgage loan for emergency loan COVID-19 (COVID-19) 6 months
* Stay on the principal debt for 1 year
(* New measures ….. debt suspension for 28 provinces in the highest control areas and additional government announcements)
Reduce debt
– Pay well, have a night, debt reduction scheme
– Reduce the interest burden on cooperatives and farmers
Extend time and reduce debt repayment
– Measures to extend the time of pre-emptive debt settlement
– Farmers Loan Management (LM)
– Measures to assist entrepreneurs and Strengthen institutions
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2. Rehabilitation measures And restructuring the business
Top up loan
1. COVID-19 Emergency Loan Project (COVID-19) remaining amount approximately 11,000 million baht, extending the application period until June 30, 2021.
2. The Emergency Loan Project to supplement liquidity with low interest rates. (To entrepreneurs / institutions)
3. New production season short-term loan (Jump Start Credit) credit amount 100,000 million baht
4. Sufficient Loan (SL) Project amount 10,000 million baht.
5. New Gen Hug loan project, hometown project amount 60,000 million baht
6. Loans to solve informal debts Project limit 8,000 million baht
7. SMEs Loan Project (Soft Loan, BOT Phase 2), project budget of 45,000 million baht
Anyone who wants to get help from this BAAC remedy Or want to inquire details You can contact at
-LINE @BAACFamily
-Call Center 02-5550555
– Bank of Agriculture and Agricultural Cooperatives All 1,265 branches
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Check here Remedial Measures Round 2 Enter Cabinet Latest Update
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