Marie Michael Library

BAAC - The Thai Bank for agriculture and agricultural cooperatives

Muraki, Tetsutaro; Webster, Leila; Yaron, Jacob

This report studies the operations of the Bank for Agriculture and Agricultural Cooperatives (BAAC) in Thailand. In recent years BAAC has been going through a process of adapting to the diversifying demands of a market-driven, growing rural economy. This event has resulted in the bank becoming internationally recognized as one of the few sector-specialized, government-owned rural microfinance institutions which has demonstrated a notable degree of success in carrying out its mandate without substantial need for government subsidies.