FLOOD RELIEF MEASURE
The Bank for Agriculture and Agricultural Cooperatives has launched a new relief measure for flood victims in the 44 provinces recently hit by tropical depression “Sonca,” by offering Bt10-billion in loan with zero per cent interest for the first six months, said bank president Apirom Sukprasert said.
He added that the bank planned to help 200,000 affected farmers with a maximum loan of Bt50,000 each. No interest will be charged for the first six months and the minimum retail rate (MRR) of 7 per cent per annum will be charged from the seventh month onwards.
