BoT studies warehousing concept
Banks to sell asset management loans
The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.
Given the difficulties amid the Covid-19 crisis, some businesses have had to temporarily close and wait for economic conditions to return to normal before they can reopen.
With this scenario prevailing, the central bank has been studying a warehousing concept where it provides an opportunity for commercial banks to sell commercial loans that have been frozen in funds of asset management companies, said Ronadol Numnonda, deputy governor for financial institutions stability.
The central bank,…
