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