BAAC Thailand: Bank for the Community, Comprehensive Financial Solutions for You!
1. General Information About BAAC Bank
Name: Bank for Agriculture and Agricultural Cooperatives (BAAC) - ธนาคารเพื่อการเกษตรและสหกรณ์การเกษตร (ธ.ก.ส.)
Head office address: 2346, Phahonyothin Road, Bangkok, Thailand
Date of establishment: 1 November 1966
Type: State-owned bank
Target customers: Farmers, agricultural cooperatives, farmers' associations, individuals and businesses with banking, savings and investment needs in Thailand.
Highlights: Long history and reputation, extensive branch network (1327 branches, 1074 transaction points),commitment to supporting the agricultural community and related activities, providing diverse financial products and services.
2. Explore Financial Solutions at BAAC in Detail
BAAC is not only a traditional bank but also a financial institution that plays an important role in the development of the agricultural sector and the community in Thailand:
Agricultural Credit Support: Established with the aim of providing affordable credit to agricultural producers, BAAC supports directly or through cooperatives and farmer associations, helping them develop production and improve their livelihoods.
Expanding Support for Related Activities: Since 1993, BAAC has been authorized to expand lending to farmers for agricultural-related activities, such as home-based handicrafts, and more recently, non-agricultural activities, meeting the diverse needs of the community.
Extensive Transaction Network: With 1,327 branches and 1,074 transaction points nationwide, BAAC ensures that you can easily conduct financial transactions anywhere in Thailand.
Modern Transaction Facilities: BAAC is also equipped with 2,001 ATMs, helping customers to conduct withdrawals and transfers quickly and conveniently.
Diverse Products and Services: BAAC offers a wide range of financial products and services to meet the different needs of customers, including:
Transaction Accounts: Easy account opening and management.
Savings: Savings packages with attractive interest rates and flexible terms.
Investment: Investment products that suit your risk appetite and financial goals.
Lending: Loans for personal, business and especially agricultural needs.
Electronic banking services: Internet Banking, Mobile Banking help you transact anytime, anywhere.
3. BAAC Bank Review (Based on information provided)
Reputation and experience: With over 50 years of operation, BAAC has built a solid reputation in the Thai banking system.
Commitment to serving the community: BAAC's initial and consistent goal is to support the development of the agricultural sector and improve people's lives.
Extensive network: A nationwide presence ensures easy access to banking services for everyone.
Financial strength: With impressive total assets (1,431,040 million baht in 2015) and stable profits (10,368 million baht in 2015),BAAC is a strong financial institution.
Contribution to the economy: BAAC plays an important role in providing capital and supporting the development of one of Thailand's key economic sectors.
