SET-listed Bangkok Commercial Asset Management (BAM) expects banks to see lower auction prices for bad debt sales this year because of higher supply amid a sluggish economy.
BAM expects financial institutions to face more challenges as distressed debts rise, pressured by lower auction prices for both non-performing loans (NPLs) and non-performing assets (NPAs).
As a result, banks should consider asset sales prudently this year, balancing between profit and writing…
