BAM Eyes Strategic Alliances to Boost NPA Management

Dr. Rak Vorrakitpokatorn, Chief Executive Officer of Bangkok Commercial Asset Management Public Company Limited (SET: BAM), revealed that amid a volatile and vulnerable economic storm, BAM has showcased outstanding performance in 2025 with a net profit of THB 1,812 million.

This outcome reflects the company’s efficiency in managing non-performing assets (NPAs) by achieving its cash collection targets, which has been a key factor enabling BAM to maintain a consistent dividend policy. BAM remains a high dividend stock, most recently declaring a dividend payout of THB 0.50 per share, representing an attractive return as market interest rates begin to stabilize.

This year, BAM is preparing to reach cooperation agreements with two leading financial institutions under “The Power of Alliance” concept, aiming to hand over debtors by using in-depth data sharing as a core principle. Through systematic data connectivity, this will enable seamless transfer of debtor information, enhancing efficiency and rehabilitating debtors’ financial status.

The cooperation will also facilitate precise debtor analysis and support debtors in problem-solving, helping to elevate the effectiveness and coverage of debt management while creating new opportunities for debtors to regain strong financial health.

Simultaneously, BAM continues to drive strategic collaborations with partners from various sectors including state enterprises, financial institutions, and the real estate sector.

Collaboration with property developers further upgrades the quality of NPA by integrating design and construction expertise to modernize and revamp NPA properties—houses and condominiums—making them move-in ready. This meets the demands of modern consumers and enhances the company’s ability to clear stock nationwide through its professional sales network, successfully transforming second-hand properties into highly desirable premium products in the market.

The finalization of these major deals and expansion of the partner network mean that BAM will not merely act as a debt collector, but will become a “Platform for All Assets”, ready to collaborate with partners across all sectors to drive Thailand’s economy forward and achieve sustainable growth.