Bank of Thailand to Announce New Joint Venture AMC for Bad Debt Management
Bangkok: The Bank of Thailand (BOT) is on the verge of announcing a new Joint Venture Asset Management Company (JV AMC) in the coming days, aimed at facilitating the purchase of bad debts. This initiative is part of a broader strategy to support the establishment of Asset Management Companies (AMCs) to address Thailand’s non-performing loans (NPLs) and other financial challenges.