Showing 1 - 10 of 11
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.
Call for national asset management firm
Business, Somruedi Banchongduang, Published on 17/09/2024
» SCB EIC, the research centre under Siam Commercial Bank (SCB), says the government should establish a national asset management company (AMC) to prepare for a potential increase in non-performing loans (NPLs) within the banking industry.
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.
BAM eager to keep lead in distressed assets sector
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Bankers wary regarding debt
Business, Published on 19/02/2024
» The high level of profits posted by the Thai banking sector last year generated a good deal of controversy, with some commentators suggesting interest rates were too high.
Auction prices may limit sales
Business, Somruedi Banchongduang, Published on 06/02/2024
» SET-listed Bangkok Commercial Asset Management (BAM) expects banks to see lower auction prices for bad debt sales this year because of higher supply amid a sluggish economy.
Data, AI driving firm's new guise
Business, Somruedi Banchongduang, Published on 12/09/2023
» SET-listed Bangkok Commercial Asset Management Plc (BAM) is transforming into a data and AI-driven organisation to strengthen its business operations amid the digital era.
BAM predicts bad loan sales of B100bn in 2024
Business, Nuntawun Polkuamdee, Published on 19/08/2023
» SET-listed Bangkok Commercial Asset Management Plc (BAM) expects sales of non-performing loans (NPLs) to reach 100 billion baht by 2024, in line with rising distressed debts.
BAM optimistic on joint ventures to manage bad assets
Business, Somruedi Banchongduang, Published on 12/02/2022
» SET-listed Bangkok Commercial Asset Management (BAM) is in talks with seven financial institutions to be potential partners and set up joint venture asset management companies (JV AMCs) under the Bank of Thailand's initiative to manage non-performing loans (NPLs) in the banking industry.