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BAAC Transfers Funds for Product Quality Development to Farmers, 3rd Round Nationwide

December 27, 2023

Press release

Mr. Kasap Ngernruang, Deputy Manager of the Bank of Agriculture and Agricultural Cooperatives (BAAC)

Today, BAAC transferred funds for management fees – product quality development to farmers, 1,000 baht each, 3rd round, nationwide, more than 130,000 households, credit limit 1,195 million baht, a total of 3 installments, 51,728 million baht.

Thai Ngernruang Royal Mint The Deputy Manager of the Agriculture and Agricultural Cooperative Bank (BAAC) said that BAAC transferred money on December 27, 2023 to help rice farmers according to the project to support management costs and develop the quality of farmers’ products. There were two rounds. of rice transfers Today is the third round of transfers, totaling 135,000 households, totaling 1,195 million baht. According to the decision of the Cabinet on November 14, 2023, the total budget is 54,336 million baht at a rate of 1,000 baht per rai, with a maximum of no more than 20 rai or no more than 20,000 baht The aim is for farmers to benefit more than 4.68 million of households. Starting to transfer money directly to farmers’ accounts, Round 1 between 28 November – 2 December 2023, Round 2 on December 18, 2023, and Round 3 of money transfer on 27 December, 2023, can help farmers in up to 4.64 million households .Money 51,728 million baht

Farmers can check the results of the money transfer through the BAAC Mobile application 24 hours a day. A message will inform them about money being credited to their account through the BAAC Connect service via Line: BAAC Family or

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