BAM DEBT REVAMP, COLLECTIONS COME WITH BT2.72 BN NET

Corporate September 05, 2018 01:00

By The Nation

The Bangkok Commercial Asset Management Plc (BAM) has restructured and collected debt worth Bt10.13 billion in the first eight month of this year, making a net profit of Bt2.75 billion.



The company expects Bt16.43 billion in debt restructuring and collections for the whole year , and a net profit of Bt4.2 billion, the company’s president Somporn Moonsrikaew said yesterday.

The company has also bought non-performing loans and non-performing assets worth Bt8.38 billion in the fist eight months, he said.