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State Entities in Thailand Need to Boost Rural Lending.

Bangkok Post (Bangkok, Thailand)

| June 04, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Wichit Chantanusornsiri

Jun. 4--State banks need to boost lending in rural communities that are the real engines of future economic growth, according to Finance Minister Somkid Jatusripitak.

Dr Somkid said state banks such as the Bank for Agriculture and Agricultural Co-operatives needed to join forces to build credit networks in rural communities to fuel the government's agenda of economic transformation, aimed at restructuring the country's entire economic foundation.

Bankers needed to rethink their practices to help the state meet policy goals set over the next three years, he said.

"When lending to farmers, why focus only ...

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Source: HighBeam Research, State Entities in Thailand Need to Boost Rural Lending.

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