Page 29 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

(2) The Company has strong ability to manage the Company has a large volume and diversity of NPLs and
risks NPAs which would enable it to generate income and cash
The Company’s strong ability in managing risks is the flows from multiple channels.
main composition of the company’s businesses. The
Company focuses on being cautious, prepared, or dealing (4) The Company has a network of asset provision
with potential uncertain events and that the company can and management all over Thailand
achieve the goals and objectives at organisational and The Company is an asset management company
activity levels. Furthermore, implant risk management is a having the largest number of branches in Thailand with its
part of the company’s work operations. headquarters in Bangkok and branch offices across the
country, totalling 26 offices (as of 31 December 2022).
The Company reviews, improves and develops the risk
management system continuously to be consistent with the The company believes that having branch offices all
company’s risk management policy specified by the board over the country will help the company (a) to follow up
of directors. Moreover, the risk management system plays an and manage non-performing loans and non-performing
important role in determining and verifying the risk management assets effectively and (b) to appraise price of the properties
policy to be suitable with the businesses and cover major in the process of providing the non-performing loans and
risks of the Company as well as to define the risk management non-performing assets more precisely.
strategies and follow up organizational risks.
Such branch network also enables the Company to reach
The Company realizes that risk management is essential customers and provide services better and comprehensively.
for the business operation, and thus prescribes the principles The fact that the Company has branch offices in each region
of risk management to be suitable with the business and makes the employees of the company to understand
effective. The Company has studied, assessed, followed market condition in each local area, which is beneficial to
up, and managed risks systematically for the company’s the company to anticipate timing and estimate the sale
executives to understand risks related to the company’s price of the non- performing loans and non-performing
businesses including emerging risk, environmental, social assets. Moreover, the company is able to adapt itself by
and governance (ESG) risk and to be able to manage risks the market condition properly provided that the Company
under the framework specified by the Company. can change locations of its branch offices and adjust the
geographic strategies as well as to transfer the skilled and
(3) The Company is the largest asset management proficient employees to work and use resources by each
company in Thailand with long experience area, consistent with the volume of transactions.
The Company is the largest asset management
company in Thailand classified by total asset size. According The Company gains benefits from the flexible
to data of the Bank of Thailand (BOT), total assets in the business structure allowing it to capture business opportunities
asset management company system are in the value of amid any economic conditions. Particularly, with the
271,667 million Baht while the Company’s total assets rebounding economy, the Company anticipates that
accounted for 128,974 million Baht or 47% (as of 30 September debtors will have better debt servicing capability which will
2022). The Company believes that with total asset value enable the Company to sell NPAs to a greater extent and
and experience in operating the NPL and NPA management at better prices. The Company will then be able to generate
business, the Company is ready to solve NPL problems in more cash flows from sales of NPLs and/or NPAs, hence
Thailand alongside managing assets to bring highest possible availability of capital to purchase NPLs and NPAs in a timely
satisfaction to all parties concerned based on the fact that manner and at the right prices.