BANGKOK, Thailand – Deputy Government Spokesperson Airin Phanrit stated that the Government is maintaining coordinated efforts across all sectors to address unrest along the Thai–Cambodian border and to support affected communities, with a focus on livelihoods, employment, and safety.
She added that the Government, through the Bank for Agriculture and Agricultural Cooperatives (BAAC), has introduced relief measures for BAAC customers in the provinces of Buriram, Sisaket, Surin, Ubon Ratchathani, Trat, and Sa Kaeo.
Under these measures, if a borrower has passed away or is missing, BAAC will provide full debt relief for loans secured by personal guarantors. For loans with mortgage collateral, all penalties and accrued interest will be waived. For joint collateral, debt relief will be proportional to the collateral share. If a borrower’s spouse or legally recognized child has passed away or is missing, BAAC will waive all penalty interest and reduce accrued interest by 50 percent for special BAAC-funded loans.
BAAC will also assist existing customers by extending loan repayment periods for up to 12 months for loans in normal status or overdue by no more than three months. Customers can apply for these measures at BAAC branches in affected areas until January 31, 2026.
BAAC has allocated 20 billion baht to provide low-interest financing to affected farmers through liquidity support and rehabilitation measures. These funds will support housing repairs, agricultural facilities, equipment, machinery, and restoration of damaged production.
The loan programs include emergency expense loans with 0 percent interest for the first six months, followed by the MRR rate, and rehabilitation loans with interest at MRR minus 2 percent to support recovery and livelihoods.
The Government reaffirmed its commitment to stand alongside affected citizens and support them through the current situation. (NNT)
