Page 22 - BAM ONE REPORT 2564 (ENGLISH VERSION)

20 Part 1
Business Operation and Performance

company is ready to solve problems of the non-performing performing loans better. With this, the Company has capital
loans in Thailand by focusing on managing assets to bring to purchase the non-performing loans and non-performing
highest satisfaction to every party as much as possible. assets in a timely manner at the right price. Furthermore, the
The Company believes that the fact that the company Company generally has the opportunity to sell the non-
has several and various non-performing loans and performing assets in such period better with higher price.
non-performing assets will enable the Company to have
revenue and cash flow from different channels. On the contrary, in the time of economic recession,
most financial institutions have more non-performing loans,
(2) The Company has a network of asset provision and that the supply of non-performing loans increases. This
and management all over Thailand makes the Company have more opportunity to purchase
The Company has a headquarter in Bangkok with the non-performing loans and non-performing assets
branch offices in Thailand, totalling 26 offices (as of 31 through arranging the bidding process for the debtors’
December 2021). The company is the asset management properties from financial institutions of the company at
company having most branches in the country. price that the Company may receive more returns.

The Company believes that having branch offices all (3) The company has overall operation in
over the country will help the company (a) to follow up providing, managing and creating cash flow from
and manage non-performing loans and non-performing non-performing loans and non-performing assets
assets effectively and (b) to appraise price of the properties The company has more than 20 years of experience
in the process of providing the non-performing loans and in operating the business of managing non-performing loans
non-performing assets more precisely. and non-performing assets in Thailand with strengths of
providing non-performing loans and non-performing assets
Such network also enables the Company to at reasonable price. It also can manage and create the cash
reach customers and provide services better and flow from the non-performing loans and non-performing
comprehensively. The fact that the Company has branch assets effectively.
offices in each region makes the employees of the
company to understand market condition in each local 3.1 Provide non-performing loans and non- performing
area, which is beneficial to the company to anticipate timing assets at reasonable price
and estimate the sale price of the non- performing loans The Company believes that the network all over the
and non-performing assets. Moreover, the company is able country and the team experienced in real estate, and
to adapt itself by the market condition properly provided having knowledge and understanding about collaterals of
that the Company can change locations of its branch offices the non-performing loans and non-performing assets will
and adjust the geographic strategies as well as to transfer enable the company to be advantageous over other
the skilled and proficient employees to work and use competitor in providing, appraising and pricing for bidding
resources by each area, consistent with the volume of to purchase such properties. Additionally, the fact that the
transactions. company has the headquarter and branch offices for 26
locations with more than 322 employees performing duties
The Company gains benefits from the flexible about providing the non-performing loans nationwide
business structure. the company believes that it can create will make the company to send its team to survey the
business opportunity in every economic condition collaterals of the non-performing loans and non-performing
especially for the rebounding economy. The Company assets that the Company will purchase. This will help the
anticipates that the debtors will be more solvent and that company to be able to appraise the price more accurately.
the Company has cash flow received from the non-