Showing 1 - 6 of 6
BAM wants to be careful with bad asset purchases
Business, Somruedi Banchongduang, Published on 16/11/2024
» SET-listed Bangkok Commercial Asset Management (BAM) expects non-performing loans (NPLs) in the banking sector to increase next year, though the company will remain cautious with bad debt purchases given ongoing economic uncertainties.
KBank targets revenue through management of bad loans
Business, Somruedi Banchongduang, Published on 15/10/2024
» Kasikornbank (KBank) is seeking new revenue streams through the management of bad assets via its joint venture asset management companies (JV-AMCs), in response to the rising trend of non-performing loans (NPLs).
ARI-AMC to handle B30bn in bad loans
Business, Wichit Chantanusornsiri, Published on 13/08/2024
» ARI-AMC, a joint venture between Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM), looks set to transfer non-performing loans (NPLs) from the bank worth 30 billion baht for management.
Government Savings Bank president maintains focus on social impact
Business, Wichit Chantanusornsiri, Published on 09/08/2024
» Vitai Ratanakorn, now in his second term as president of Government Savings Bank (GSB), has reiterated the bank's commitment to operating as a social bank, increasing access to the financial system for all people rather than focusing on maximising profits.
GSB and BAM Form 1 Billion Baht Debt Relief Venture
Published on 31/05/2024
» Government Savings Bank (GSB) has partnered with Bangkok Commercial Asset Management (BAM) to establish a joint venture, ARI Asset Management Co., Ltd. (ARI-AMC), with a capital investment of 1 billion baht. ARI-AMC will purchase and transfer non-performing loans (NPLs) from GSB over the course of three quarters in the fiscal year 2024, providing assistance to over 500,000 accounts of small and medium-sized enterprise (SME) debtors and credit card debtors.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.