A joint venture asset management company (JV AMC) business model is the country's innovative solution for handling non-performing loans (NPLs) in the banking sector, said Suthirak Traichira-Aporn, chief executive of JK Asset Management (JK AMC), in an exclusive interview with the Bangkok Post.

Mr Suthirak, who is also chief executive of JMT Network Services (JMT), added that this collaboration model would help tackle the country's overall non-performing loan (NPL) problem.