Mitistock – The Ministry of Finance reveals the results of solving informal debt in accordance with government policy through the Government Savings Bank – BAAC, helping debtors to tune more than 470 million baht.
Mr. Pornchai Teerawet, Director of the Office of Fiscal Policy As a spokesman for the Ministry of Finance said that financial support is needed to solve the problem of people’s informal debt. Through the Government Savings Bank and the Bank of Agriculture and Agricultural Cooperatives (BAAC) have made continuous progress recently.
Solving informal debt over 470 million
Between December 1, 2023 and April 25, 2024, there are people who are in debt outside the system. Financial assistance has been approved for 9,928 people, with a total approval of 470.96 million baht.
Pico Finance continues to expand
At the end of March 2024, there are people who have a license to operate a Pico Finance business. and opened for operation and accumulated a net of 1,140 cases in 75 states, and by the end of February 2024, a cumulative total of 4,170,072 Pico Finance loans had been approved for small citizens, with a total credit limit of 40,281.11 million baht .
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