Bangkok Post – Bangkok Commercial Asset Management proposes adding small firms to debt relief scheme

Bangkok Commercial Asset Management Plc (BAM) has proposed the Bank of Thailand expand the “Clear Debt, Move Forward” scheme to cover the non-performing loans (NPLs) of small and medium-sized enterprises (SMEs), leveraging a mechanism of private asset management companies to manage the debt. After Sukhumvit Asset Management Co Ltd, the country’s second-largest AMC under central…