Page 19 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021 17
Bangkok Commercial Asset Management Public Co., Ltd.

Policy and Business Operation Overview

Vision, objective, goal or strategy of operation Normally, the Company believes that the financial
of the Company institutions still distribute non-performing loans and non-
performing assets continuously in the future as a result of
Vision factors including the principles of the Bank of Thailand
Bangkok Commercial Asset Management Public (BOT) regarding possession of the non-performing loans and
Company Limited (“the Company”)’s vision is “To be a non-performing assets of the financial institutions.
center of opportunities in creating value as a One-stop Furthermore, in the event of the COVID-19 pandemic, the
Solution Asset Management Company with considerable Bank of Thailand has issued measures to help the affected
growth to move forward the economy and society,” debtors, which may have an effect on the debtors’ classification
and delay the occurrence of NPL loans. The company's
Mission Statements purchasing/finding opportunity for the non-performing loans
- Introducing proven technology and innovation and non-performing assets of the Company will decrease.
for future changes
- Uplift products and services to best serve our (2) Shorten turn around time and increase cash
customers and all sectors collection of the company
- Build an integrated network of partners and The Company emphasizes shortening turnaround
customer base time from the date the Company obtains non-performing
- Passing on legacy and values to the newly loans until the day the Company receives return as cash
trained generations from such non-performing loans. It is performed through
- Uphold ESG integration into governing principle the approach management method for the non-performing
loans such as negotiating with debtors and enhancing
Operational goals and strategies of the Company effectiveness of the internal operations to reduce time of
(A) Operational goals of the Company the transfer of non-performing loan collateral to be the
The Company orients to be the largest asset non-performing assets. The Company sets up a team having
management company in Thailand with excellent work knowledge and expertise in the legal processes related to
management and promotion of good relationship with the the enforcement of collaterals in Thailand to enhance
customers and the financial institutions selling non- effectiveness and quicken the internal process pertaining
performing loans and non-performing assets to create to the enforcement of the non-performing loans. Such
long-term returns for the shareholders. method includes following up the status of non-performing
loans and preparing relevant documents for proceedings
(1) Expanding the asset base of the Company in the courts.
The Company builds up a network to follow up the
asset sale offers of the financial institutions in Thailand Furthermore, the Company organizes the project
having pending non-performing loans and non-performing “Be happy with a home return” with aims to give
assets regularly to expand the company’s asset base. In opportunity to the debtors that have not been ordered for
the long run, the company aims to make the Company’s receivership to be able to redeem the collaterals of their
asset base to sustainable grow; nevertheless, such growth houses. The principal amount shall not exceed 10.0 million
depends on market condition, volume and suitability of Baht by selecting one-time payment within 90 days or
the property’s price in marketplaces. instalments within 20 years at rate of 80.0% of the