BAM wants to be careful with bad asset purchases

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The story "BAM wants to be careful with bad asset purchases" was covered 7 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 7h ago

BAM wants to be careful with bad asset purchases - Bangkok Post

Quick Summary:

SET-listed Bangkok Commercial Asset Management (BAM) expects non-performing loans (NPLs) in the banking sector to increase next year, though the company will remain cautious with bad debt purchases given ongoing economic uncertainties.

Meanwhile, Mr Bundit said BAM is undergoing a digital transformation across three core areas -- people, growth and efficiency -- aimed at enhancing service and business operations.

He said in the latter half of this year, the company slowed its pace of NPL acquisitions in response to economic conditions.