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Monday, April 29, 2024

Bangkok Post – Joint ventures recommended for debtors

Ministry wants to help with NPLs

People attend a debt mediation fair at Impact Muang Thong Thani. (Photo: Pornprom Satrabhaya)

The Finance Ministry is promoting joint investment by specialised financial institutions (SFIs) and asset management companies (AMCs), setting up joint venture asset management companies (JV-AMCs) to assist debtors that have 3 million accounts with a total value of 230 billion baht, says…

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