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Bangkok Post
Bangkok Post
Business

REVEALED: The power of joining forces | Rare Historical Photos

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 says JK AMC has set an ambitious goal to be the country's number one asset management company with a bad asset portfolio rising to around 100 billion baht by 2025.

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.

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