Bank for Agriculture & Agricultural Cooperatives (BAAC), established in 1966 and headquartered in Thailand, is a prominent financial institution dedicated to supporting the agricultural sector and enhancing the livelihoods of rural communities. BAAC primarily offers a range of financial services including loans, savings products, and advisory services tailored specifically for farmers and agricultural cooperatives. The institution plays a vital role in promoting sustainable agricultural practices and ensuring food security in the region.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BAAC commenced its bond issuance program in the early 1990s, providing a crucial funding source for its agricultural financing initiatives. The bank has since issued a series of bonds, including its notable 2022 issuance of THB 10 billion, that attracted significant investor interest due to favorable yields compared to other financial institutions within the industry. With bonds featuring unique attributes such as flexible maturities and competitive interest rates, BAAC remains a reliable investment choice for those looking to support Thailand's agricultural development while enjoying attractive financial returns.