KBank targets revenue through management of bad loans

Quick Summary:

Kasikornbank (KBank) is seeking new revenue streams through the management of bad assets via its joint venture asset management companies (JV-AMCs), in response to the rising trend of non-performing loans (NPLs).

He said these JV-AMCs should provide KBank with the option of managing distressed assets.

KBank, the third-largest lender in Thailand by total assets, has operated JK AMC through its subsidiary, Kasikorn Vision, since 2022 in partnership with JMT Network Services.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Kbank Bank Rungruang Assets Business Thailand Asset Jv-amcs Npls Management Jv-amc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 05:42:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23061334

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 11 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions