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General Information
Annual Report 2020
106
Bangkok Commercial Asset Management Public Company Limited (Company or BAM) has an essential target to
drive the economy by correcting non-performing loans (NPLs) of the financial institutions to add values of the
non-performing loans with better quality and higher values that they can be circulated in the economic system. The
Company’s main operations are as follows
• Attend the bidding for non-performing loans “NPLs” by engaging in the management and restructuring
debts based on the negotiation for composition.
• Arrange a guideline for managing the number of non-performing assets “NPAs” to be effective and
comprehensive with a strategy of improving the assets to be in good an available condition that they are more
needed in market places and can be distributed to third parties.
After the Company accepts the purchase and transfer of NPLs from different financial institutions, the company
will make a letter of invitation to debtors to negotiate for debt restructuring based on cooperation. It is considered
from solvency of the debtors to find the best solution for highest benefits of both parties. Nevertheless, the Company
also gives an opportunity to debtors to negotiate for composition although they are in the middle of a lawsuit so that
the debtors can return to the economic system as normal.
