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33.4 Directors and management’s benefits
For the years ended 31 December 2022 and 2021, the Company has management
remuneration paid to their key management personal which comprise directors, executive
vice presidents and higher level and executive vice president in accounting or finance
departments, were as follows:
(Unit: Million Baht)
For the years ended 31 December
Bangkok Commercial Asset Management Public Co., Ltd.
2022 2021
Short-term employee benefits 95 99
Post-employment benefits 9 9
Total 104 108
34. Segment information
The Company’ s operations are mainly focus on asset management business and these
operations are carried on only in Thailand. As a result, all of the revenues, operating profits
and assets as reflected in these financial statements pertain exclusively to the aforementioned
reportable operating segment and geographical area.
The segment information are presented in comply with the Company’s internal report, which
the chief operating decision maker is regularly reviewed for the allocation of resources to
operating segment and assessed performance. The Company has set operating segments
based on its products and services as follows:
1. Acquisition and transfer of NPLs from financial institutions to manage, mainly through
debt negotiation practices for the best interests of all parties involved.
2. Acquisition and transfer of NPAs from financial institutions, transfers of assets from debt
settlement and purchase of collateral at auction from the Legal Execution Department,
with an emphasis on adding value by improving and developing properties to a good
condition, ready for occupancy, so that they satisfy the needs of the target group of
customers.
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