Page 24 - BAM ONE REPORT 2564 (ENGLISH VERSION)

22 Part 1
Business Operation and Performance

The Company reviews, improves and develops the the directors and top executives understand and have
risk management system continuously to be consistent with experience about loan release starting from the loan
the company’s risk management policy specified by the consideration for approval process, loan management
board of directors. Moreover, the risk management system process, and non-performing loan management and
plays an important role in determining and verifying the non-performing asset distribution process.
risk management policy to be suitable with the businesses
and cover major risks of the Company as well as to define Furthermore, the company’s top executives are well
the risk management strategies and follow up organizational known in the financial business industry in Thailand and a
risks. number of executives are experienced in real estate
The Company realizes that risk management is markets also. These factors help the company’s executives
essential for the business operation, and thus prescribes to construct relationship with leaders in the financial and
the principles of risk management to be suitable with the property businesses and have knowledge and experience
business and effective. The Company has studied, assessed, necessary for negotiating and building up network with
followed up, and managed risks systematically for related organizations.
the company’s executives to understand risks related to
the company’s businesses and to be able to manage risks Meanwhile, the Company has a policy to develop
under the framework specified by the Company. and prepare new-generation executives continuously so
that they can work in a position of tope executive in the
(5) The Company has various and sustainable future to support sustainable growth of the company’s
funding sources for expanding the businesses businesses.
The Company has loan credits from 9 financial
institutions, and the Company believes that having loan (C) Providing IT Master Plan to support growth of
credit from various financial institutions will enable the the company’s businesses
company to negotiate financial conditions, and have The Company adopts digital technology and strategy
negotiating power with these financial institutions. in laying down its foundation and goals for business
Previously, the company has not been in default of debt operation as well as business process by devising the
settlement, and never been informed about breach of three-year BAM Digital Enterprise Project (2020-2022) with
a loan agreement from the financial institutions. objectives to study, analyse present business processes,
The Company thus believes that the Company is reliable design the new business process to reduce mistakes from
and has good relationship with the financial institutions. the operation process, and enhance efficiency and agility
in responding needs of the customers rapidly. It includes
Moreover, the Company has a funding source for setting framework for the information technology of the
different operations including issuing a short-term and main system of BAM, and designing connection with related
long-term bill of exchange, requesting for short-term and work systems according to the master plan
long-term loan credit from the financial institutions, issuing
debentures and operating cash flow. BAM Digital Enterprise Project is launched in order
to support operations and enhance business growth, which
(6) Directors and the top executives have include
experience and performance widely accepted - Adjusting work process and code of practices for
Director and top executives of the company have NPL, NPA Law and financial account
experience in the financial business industry for about 25 - Creating database for business purposes
years on average. These people used to work for large - Enhancing security and safety of the work system
organizations in the country such as BOT, commercial banks and information
and other financial institutions etc. With such experience,