BACC to evaluate customers again after fresh virus outbreak
The Bank for Agriculture and Agricultural Cooperatives (BAAC) will conduct a new round of evaluation of clients dealing with the impact of the fresh Covid-19 outbreak, said senior executive vice president Kasarb Ngernruang.
Prior to the new outbreak, the bank evaluated 87 per cent of its total 7.5 million customers. It found 23 per cent were able to repay debts as usual, 61 per cent had been unable to make payments for the past 15 months, while debts of the remaining 16 per cent had been written off by the bank.
Kasarb added that the outbreak in Samut Sakhon would only have a small impact on the BAAC since the bank has few customers in the province.
