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BAM eyes asset aid model 1 published : 9 Mar 2021 at 04:00 1 SET-listed Bangkok Commercial Asset Management (BAM), the country s largest asset management company, is looking into a joint venture model to manage hospitality assets in an effort to help hotel business operators suffering from the protracted crisis. Under the joint venture model, a creditor and a borrower would agree to transfer collateral debt assets to a third-party joint venture company. BAM would be involved in the model by setting up a joint venture company and managing the transferred assets. This is a solution to help hotel businesses and other industries looking to participate in the financial assistance model, separate from the government s asset warehousing concept, which is still being deliberated upon, said Bundit Anantamongkol, chief executive of BAM.

Krung thep mahanakhonBundit anantamongkolBangkok commercial asset managementFinance ministryபாங்காக் வணிகரீதியானது சொத்து மேலாண்மைநிதி அமைச்சகம்