Bank for Agriculture and Agricultural Cooperatives (BAAC)
N/A
Founded in
1966 (60 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
57/90
51 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
57/90
51 reviews
Provided by TrustFinance
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Bank for Agriculture and Agricultural Cooperatives (BAAC)
Company Information
Get to know Bank for Agriculture and Agricultural Cooperatives (BAAC)
The Bank for Agriculture and Agricultural Cooperatives (BAAC) was established in 1966 under the BAAC Act to serve as a state-owned bank with a specific mandate to support Thailand's agricultural sector. Its primary mission is to provide a comprehensive range of financial services, including loans, deposits, and funds, to farmers, farmer's associations, and agricultural cooperatives to enhance their production, business operations, and overall quality of life. As a key instrument of government policy, BAAC plays a crucial role in the development of the rural and grassroots economy, aiming to be a stable and modern rural development bank that contributes to the sustainable growth of Thailand's agricultural sector.
Industry
- Financial BankingPRIMARY
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Reviews
Highlight Review
Review Analytic
Adaga Emmanuala
Direct
Excellent
Overall Thought
It's wonderful for me to inform you that my family and I are benefiting from the agricultural loan and farming capital platform. Recommending it to other farmers who might need such support is a great way to contribute to their success as well. Keep up the good work!
Aug 29, 2023
A
Levi Jonathan
Direct
Excellent
Overall Thought
"BAAC is not just a bank, it's a lifeline for farmers and agricultural entrepreneurs. With its unwavering commitment to fostering rural growth and sustainability, BAAC has proven itself to be a true game-changer in the financial landscape. The bank's tailored financial solutions, innovative loan offerings, and personalized support demonstrate an unparalleled understanding of the unique challenges faced by those in the agricultural sector. BAAC's dedication to empowering local communities through accessible credit and comprehensive services is nothing short of inspiring. In an era where agriculture is more crucial than ever, BAAC stands tall as a reliable partner, nurturing dreams, and cultivating success. Kudos to BAAC for redefining banking with a heart!"
Aug 29, 2023
Kotoma otenento
Direct
Excellent
Overall Thought
It's wonderful to hear that this platform is providing valuable support to farmers by offering agricultural loans and farming capital. Your dad's positive experience and your family's benefit are encouraging examples of its effectiveness. I wholeheartedly recommend other farmers to explore this platform for their financial needs.
Aug 28, 2023
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