Bangkok: BAM is highlighting the pivotal role of its "Debt Resolution Hospital" in transforming bad debt into opportunities and driving sustainable economic growth in Thailand. Dr. Rak Varakitphokathorn, Chief Executive Officer of Bangkok Commercial Asset Management Public Company Limited (BAM), shared his vision at 'The Future of Growth' panel discussion at Futuready 2026, organized by BRANDI. He emphasized BAM's crucial role in recovering non-performing loans (NPLs) and reintegrating them into the economy under the concept of 'Thailand's Sustainability Context: Debts to Values.'

According to Thai News Agency, the key to sustainable growth for the Thai financial sector lies in changing the perspective on NPLs-from viewing them merely as an accounting burden to identifying them as resources that can be leveraged to create new value and drive the national economy. BAM's mission is not just to manage non-performing assets as a "Bad Bank," but to act as a "debt rehabilitation hospital" that treats bad debts and transforms them back into good debts through a mechanism called the "debt treatment water turbine," which helps circulate resources and restore liquidity back into the system.

This initiative reflects BAM's readiness to be a key player in resolving Thailand's household and business debt problems, with sustainability as its core principle, transforming the debt crisis into an opportunity for creating new long-term growth for the country.