Post by account_disabled on Jan 5, 2024 22:33:08 GMT -5
BAM will be able to act as an important mechanism for resolving the problem of non-performing assets in the financial institution system. It is more efficient," Mrs. Thongurai said. *Source: Industry report prepared by Ipsos Company Limited. Mrs. Thongurai also said, "The business of managing non-performing assets is a business that has potential in the past 5 years. Non-performing assets in the banking system have an average growth rate (CAGR) of 12.8 percent, combined with the latest land appraisal prices over the past four years. There is an overall average increase rate for the entire country of 27.7 percent (Source: Bank of Thailand and the Treasury Department) From business opportunities like this, BAM has determined 3 main strategies that will continue its future growth. and strengthen the organization" Strategy 1: Expand the asset base BAM closely follows the sale of NPLs and NPAs to increase opportunities to expand assets and select assets. with high potential which will make the company Able to manage the cost of acquiring assets efficiently. In addition, the Company There are branches all over the country.
There are highly experienced employees who have a good understanding of the market, allowing the company to accurately assess the potential and price of assets. Strategy 2: Reduce operating time to generate income faster. BAM places importance on negotiations with debtors. Improving work processes to increase efficiency and allowing debtors to pay installments according to their Telegram Number Data ability. BAM gives importance to debt restructuring negotiations to reach an agreement that is as satisfactory to all parties as possible. At the same time, BAM also does aggressive marketing by using technology to help, such as websites and social media channels. of the organization, etc. Strategy 3: Developing people to increase organizational potential. BAM believes that talented and skilled employees are the main factors of business success. Therefore, training has been organized for employees both inside and outside the organization to develop employees' abilities. Including preparing a clear succession plan, BAM has continued to be successful in its operations.
In 2018, BAM had a total net profit of 5,202.02 million baht, or an increase of 15.58 percent from 2017." Since the company's inception, As of March 31, 2019, the Company has closed the loan account from the purchase of receivables (NPLs), calculated from the purchase cost value, in the amount of 90,562.65 million baht, with cash collection of 122,931.74 million baht. In 2018, BAM had cash. Received from the NPLs and NPAs business totaled 16,569.10 million baht, an increase from 13,515.74 million baht in 2017, or an increase of 22.59 percent, and a total net profit of 5,202.02 million baht, an increase from 2017, which was 4,500.82 percent, or an increase of 4,500.82 percent. 15.58 As of March 31, 2019, BAM has loans from the purchase of net receivables (NPLs) in the amount of 74,482.33 million baht. The collateral of such receivables has a value based on the appraised value1 of 187,875.26 million baht and there are net properties awaiting sale (NPAs). 21,731.04 million baht, with a value based on the appraised price1 50,287.17 million baht. Note: 1Appraised price according to the Bank of Thailand's criteria and does not include installment payments.
There are highly experienced employees who have a good understanding of the market, allowing the company to accurately assess the potential and price of assets. Strategy 2: Reduce operating time to generate income faster. BAM places importance on negotiations with debtors. Improving work processes to increase efficiency and allowing debtors to pay installments according to their Telegram Number Data ability. BAM gives importance to debt restructuring negotiations to reach an agreement that is as satisfactory to all parties as possible. At the same time, BAM also does aggressive marketing by using technology to help, such as websites and social media channels. of the organization, etc. Strategy 3: Developing people to increase organizational potential. BAM believes that talented and skilled employees are the main factors of business success. Therefore, training has been organized for employees both inside and outside the organization to develop employees' abilities. Including preparing a clear succession plan, BAM has continued to be successful in its operations.
In 2018, BAM had a total net profit of 5,202.02 million baht, or an increase of 15.58 percent from 2017." Since the company's inception, As of March 31, 2019, the Company has closed the loan account from the purchase of receivables (NPLs), calculated from the purchase cost value, in the amount of 90,562.65 million baht, with cash collection of 122,931.74 million baht. In 2018, BAM had cash. Received from the NPLs and NPAs business totaled 16,569.10 million baht, an increase from 13,515.74 million baht in 2017, or an increase of 22.59 percent, and a total net profit of 5,202.02 million baht, an increase from 2017, which was 4,500.82 percent, or an increase of 4,500.82 percent. 15.58 As of March 31, 2019, BAM has loans from the purchase of net receivables (NPLs) in the amount of 74,482.33 million baht. The collateral of such receivables has a value based on the appraised value1 of 187,875.26 million baht and there are net properties awaiting sale (NPAs). 21,731.04 million baht, with a value based on the appraised price1 50,287.17 million baht. Note: 1Appraised price according to the Bank of Thailand's criteria and does not include installment payments.